signal strength 4 of 5
The Double Bottom pattern has been formed on USDJPY H1; the upper boundary is 144.23; the lower boundary is 143.50. The width of the pattern is 78 points. In case of a break of the upper boundary 144.23, 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.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M30, #FB formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 695.27 - 0.00
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.5711/1.5695
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #FB formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 695.27, the lower border is 686.69. The signal means
The M5 and M15 time frames may have more false entry points.
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