signal strength 3 of 5
The Double Bottom pattern has been formed on NZDCHF M30; the upper boundary is 0.4892; the lower boundary is 0.4878. The width of the pattern is 15 points. In case of a break of the upper boundary 0.4892, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #INTC
- #KO
- #MA
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6489
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The Double Top pattern has been formed on NZDCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8141
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The NZDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5937, the Neckline and the upward angle are at 0.5930/0.5930. The formation
The M5 and M15 time frames may have more false entry points.
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