signal strength 1 of 5
The Double Bottom pattern has been formed on #FB M5; the upper boundary is 484.65; the lower boundary is 481.90. The width of the pattern is 263 points. In case of a break of the upper boundary 484.65, 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.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bearish Flag pattern has been formed on the chart GBPUSD M15 which signals that the downward trend will continue. If the price breaks below the low at 1.3467, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPUSD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.3467; the projection
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GOLD M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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