signal strength 2 of 5
The Double Bottom pattern has been formed on EURCHF M15. 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 0.9288 is broken. The further movements will rely on the width of the current pattern 14 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- 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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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- 5
The Bullish pennant graphic pattern has formed on the GOLD 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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The Triple Top pattern has formed on the chart of the GBPUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -2
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5; the upper boundary is 143.78; the lower boundary is 143.65. The width of the pattern is 12 points. In case
The M5 and M15 time frames may have more false entry points.
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