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The Double Bottom pattern has been formed on #Bitcoin M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 96655.93 is broken. The further movements will rely on the width of the current pattern 28579 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Double Bottom pattern has been formed on EURJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 195.59; the lower boundary is 195.37. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish Flag pattern has been formed on AUDCAD at M15. The lower boundary of the pattern is located at 0.8898/0.8906 while the upper boundary lies at 0.8906/0.8914. The projection
The M5 and M15 time frames may have more false entry points.
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