signal strength 2 of 5
The Double Bottom pattern has been formed on EURCAD M15; the upper boundary is 1.5683; the lower boundary is 1.5626. The width of the pattern is 56 points. In case of a break of the upper boundary 1.5683, 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.
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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
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- USDRUB
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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0604; the resistance level 2.0633; the width of the pattern 29 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on USDCAD at M15. The lower boundary of the pattern is located at 1.3689/1.3689, while the higher boundary lies at 1.3695/1.3695. The projection
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 194.31/194.67 and upper border is 195.14/194.67. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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