signal strength 1 of 5

The Triple Bottom pattern has been formed on EURNZD M5. It has the following characteristics: resistance level 1.9072/1.9049; support level 1.9038/1.9037; the width is 34 points. In the event of a breakdown of the resistance level of 1.9072, the price is likely to continue an upward movement at least to 1.9054.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- AUDUSD
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- EURJPY
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- EURRUB
- EURUSD
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- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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According to the chart of H1, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 162.28/163.37 whereas the upper border goes across 164.23/163.37
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M30. Characteristics: the support level 193.37; the resistance level 194.63; the width of the pattern 126 points. If the resistance level
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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