signal strength 3 of 5
The Triple Bottom pattern has been formed on AUDCAD M30. It has the following characteristics: resistance level 0.9028/0.9018; support level 0.9010/0.9004; the width is 18 points. In the event of a breakdown of the resistance level of 0.9028, the price is likely to continue an upward movement at least to 0.9033.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 150.72; the resistance level 150.87; the width of the pattern 15 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5549 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart NZDCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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