signal strength 2 of 5
The Double Bottom pattern has been formed on #Bitcoin M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 94291.97 is broken. The further movements will rely on the width of the current pattern 70503 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 142.75 with the upper limit 142.75/142.69
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the USDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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According to the chart of M5, NZDJPY formed the Head and Shoulders pattern. The Head’s top is set at 86.21 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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