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.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
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According to the chart of M5, #KO produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 71.31 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, #MA formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 543.69 and 523.21 are the coordinates
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 84.75; the resistance level 84.92; the width of the pattern 17 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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