signal strength 1 of 5

The Double Bottom pattern has been formed on #MA M5. Characteristics: the support level 471.47; the resistance level 481.71; the width of the pattern 1024 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 985 points.
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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The Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 193.47; the resistance level 193.69; the width of the pattern 22 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, EURGBP formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8436 and support 0.8424
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the USDCHF H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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