signal strength 4 of 5
The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5448; the lower boundary is 1.5428. The width of the pattern is 20 points. In case of a break of the upper boundary 1.5448, 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.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
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- USDRUB
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 79.77/80.40 and upper border is 81.02/80.40. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart SILVER M5 which signals that the upward trend will continue. Signals: а break of the peak at 30.21 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the SILVER M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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