signal strength 2 of 5
The Triple Bottom pattern has been formed on EURNZD M15. It has the following characteristics: resistance level 1.9498/1.9463; support level 1.9409/1.9402; the width is 89 points. In the event of a breakdown of the resistance level of 1.9498, the price is likely to continue an upward movement at least to 1.9412.
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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According to the chart of H1, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 33.48/32.16
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The Bearish pennant pattern has formed on the EURJPY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 163.34; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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