signal strength 3 of 5
The Triple Bottom pattern has formed on the chart of GBPJPY M30. Features of the pattern: The lower line of the pattern has coordinates 187.12 with the upper limit 187.12/186.68, the projection of the width is 143 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 185.69, the price is most likely to continue the upward movement.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
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- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCHF
- NZDJPY
- NZDUSD
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- USDCHF
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- USDRUB
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According to the chart of M15, GBPCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0776 - 0.0000
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8117/0.8078
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 96.71 and 96.58 are the coordinates
The M5 and M15 time frames may have more false entry points.
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