signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0635/2.0615; support level 2.0604/2.0605; the width is 31 points. In the event of a breakdown of the resistance level of 2.0635, the price is likely to continue an upward movement at least to 2.0619.
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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On the chart of the AUDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0510; the lower boundary is 2.0503. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4787 and support 0.4773
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