signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of AUDUSD M5. Features of the pattern: The lower line of the pattern has coordinates 0.6438 with the upper limit 0.6438/0.6426, the projection of the width is 16 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 0.6422, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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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
Open chart in a new windowThe 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.
Open chart in a new windowThe 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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