signal strength 4 of 5
The Triple Bottom pattern has been formed on AUDJPY H1. It has the following characteristics: resistance level 92.94/92.85; support level 92.44/92.53; the width is 50 points. In the event of a breakdown of the resistance level of 92.94, the price is likely to continue an upward movement at least to 92.90.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #PEP
- #TSLA
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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According to the chart of M5, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3591 and support 1.3576
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9188
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GOLD 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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