signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0505 with the upper limit 2.0505/2.0497, the projection of the width is 11 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 2.0494, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5513/0.5493; support level 0.5486/0.5480; the width is 27 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPAUD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0775
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On the chart of the GBPAUD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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