signal strength 1 of 5
The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.0785; the resistance level 1.0808; the width of the pattern 23 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 22 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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- AUDCAD
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- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDUSD
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The Double Top reversal pattern has been formed on EURUSD M5. Characteristics: the upper boundary 1.1392; the lower boundary 1.1375; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3853; the lower boundary is 1.3839. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on SILVER M15. Characteristics: the support level 33.24; the resistance level 33.41; the width of the pattern 170 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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