signal strength 1 of 5
The Double Bottom pattern has been formed on EURNZD M5. Characteristics: the support level 1.8799; the resistance level 1.8817; the width of the pattern 18 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 17 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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- #AAPL
- #AMZN
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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
- M15
- M30
- H1
- D1
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- Buy
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- 1
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According to the chart of M30, GBPCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.0950 is likely to encourage a continuation
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The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.6036; the lower boundary 0.6005; the width of the pattern is 30 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on SILVER M15. Characteristics: the upper boundary 35.94; the lower boundary 35.87; the width of the pattern is 70 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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