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.
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 H1, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0936/1.0993 and upper border is 1.1046/1.0993. The pattern width is measured
Open chart in a new windowOn the chart of GBPAUD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.1010; the lower boundary 2.0974; the width of the pattern 36 points
Open chart in a new windowThe Double Top pattern has been formed on GBPJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 197.98
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