signal strength 1 of 5
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 150.16; the lower boundary is 148.41. The width of the pattern is 175 points. In case of a break of the upper boundary 150.16, 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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- #AMZN
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- EURUSD
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- GBPUSD
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The technical pattern called Head and Shoulders has appeared on the chart of EURUSD M15. There are weighty reasons to suggest that the price will surpass the Neckline 1.1569/1.1572 after
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on USDCHF at M5. The lower boundary of the pattern is located at 0.8124/0.8120, while the higher boundary lies at 0.8126/0.8122. The projection
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 USDCHF 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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