signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of NZDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 0.8217 with the upper limit 0.8217/0.8215, the projection of the width is 10 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.8207, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M30; the upper boundary is 0.6567; the lower boundary is 0.6538. The width of the pattern is 30 points. In case
Open chart in a new windowAccording to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4592/0.4602 whereas the upper border goes across 0.4610/0.4602
Open chart in a new windowThe Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5721; the lower boundary is 0.5717. The width of the pattern is 4 points. In case
The M5 and M15 time frames may have more false entry points.
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