signal strength 1 of 5

The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8258; the resistance level 0.8279; the width of the pattern 21 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 21 points.
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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According to the chart of M5, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5954 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 2.0470/2.0498 and upper border is 2.0537/2.0498. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of H1, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3367 - 0.0000
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