signal strength 1 of 5
The Double Bottom pattern has been formed on GOLD M5; the upper boundary is 3315.47; the lower boundary is 3308.38. The width of the pattern is 719 points. In case of a break of the upper boundary 3315.47, 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.
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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
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 87.74; the lower boundary 87.62; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 3247.25 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 M30, AUDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5226, the lower border is 0.5209. The signal means
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