signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 189.00; the lower boundary is 188.55. The width of the pattern is 44 points. In case of a break of the upper boundary 189.00, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 163.21/163.11; support level 163.06/163.06; the width is 15 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 163.21; the lower boundary is 163.05. The width of the pattern is 15 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3313.29/3306.86
The M5 and M15 time frames may have more false entry points.
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