signal strength 2 of 5

The Double Bottom pattern has been formed on GBPJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 190.72 is broken. The further movements will rely on the width of the current pattern 32 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- #PEP
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
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- M30
- H1
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According to the chart of M30, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6535 and 0.6502 are the coordinates
Open chart in a new windowThe Triple Top pattern has formed on the chart of the EURJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -3, support level -5
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 196.04 and 195.76 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new window