signal strength 1 of 5
The Triple Bottom pattern has been formed on GOLD M5. It has the following characteristics: resistance level 3372.86/3370.25; support level 3364.73/3364.26; the width is 813 points. In the event of a breakdown of the resistance level of 3372.86, the price is likely to continue an upward movement at least to 3364.31.
The M5 and M15 time frames may have more false entry points.
See Also
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- Pennant
- Rectangle
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- Triple top
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The Double Bottom pattern has been formed on NZDJPY 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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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3553/1.3575 whereas the upper border goes across 1.3590/1.3575
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the AUDUSD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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