signal strength 1 of 5
The Triple Bottom pattern has been formed on EURGBP M5. It has the following characteristics: resistance level 0.8515/0.8514; support level 0.8509/0.8509; the width is 6 points. In the event of a breakdown of the resistance level of 0.8515, the price is likely to continue an upward movement at least to 0.8525.
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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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 194.31; the lower boundary is 193.76. The width of the pattern is 58 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4854; the lower boundary is 0.4844. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPCHF M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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