signal strength 1 of 5
The Double Bottom pattern has been formed on AUDUSD M5. 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 0.6395 is broken. The further movements will rely on the width of the current pattern 8 points.
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
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3364.14; the lower boundary 3336.09; the width of the pattern 2805 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 92.38/92.32, while the higher boundary lies at 92.44/92.38. The projection
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Bullish pennant pattern is formed on the AUDJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
