signal strength 1 of 5
The Triple Bottom pattern has been formed on NZDJPY M5. It has the following characteristics: resistance level 87.76/87.71; support level 87.60/87.59; the width is 16 points. In the event of a breakdown of the resistance level of 87.76, the price is likely to continue an upward movement at least to 87.77.
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 technical pattern called Head and Shoulders has appeared on the chart of GBPCHF H1. There are weighty reasons to suggest that the price will surpass the Neckline 1.0509/1.0511 after
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The Double Bottom pattern has been formed on GBPCHF 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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The Double Bottom pattern has been formed on NZDCHF M30. Characteristics: the support level 0.4493; the resistance level 0.4505; the width of the pattern 12 points. If the resistance level
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