signal strength 2 of 5
The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.3801; the lower boundary is 1.3791. The width of the pattern is 11 points. In case of a break of the upper boundary 1.3801, 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
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- AUDJPY
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- EURCAD
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 142.75 with the upper limit 142.75/142.69
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the USDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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According to the chart of M5, NZDJPY formed the Head and Shoulders pattern. The Head’s top is set at 86.21 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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