signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0835/2.0826; support level 2.0821/2.0823; the width is 14 points. In the event of a breakdown of the resistance level of 2.0835, the price is likely to continue an upward movement at least to 2.0836.
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 M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0792/1.0800 whereas the upper border goes across 1.0809/1.0800
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 86.81/87.02 whereas the upper border goes across 87.24/87.02
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5254
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