signal strength 3 of 5
The Triple Bottom pattern has been formed on GBPJPY M30. It has the following characteristics: resistance level 193.38/193.33; support level 192.71/192.75; the width is 67 points. In the event of a breakdown of the resistance level of 193.38, the price is likely to continue an upward movement at least to 193.03.
See Also
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- Double Top
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 202.33; the lower boundary 201.79; the width of the pattern is 55 points. Sell trades
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 AUDCAD 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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The Double Top pattern has been formed on GBPCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0558
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