signal strength 1 of 5
The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 316.06; the lower boundary is 315.21. The width of the pattern is 78 points. In case of a break of the upper boundary 316.06, 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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The Double Bottom pattern has been formed on SILVER 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.
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On the chart of the GBPJPY H1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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The Double Bottom pattern has been formed on USDJPY M15. Characteristics: the support level 143.99; the resistance level 144.40; the width of the pattern 41 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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