signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.5496 is broken. The further movements will rely on the width of the current pattern 24 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
On the chart of AUDUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6250; the lower boundary 0.6171; the width of the pattern 79 points
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On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3175.82; the lower boundary 3167.51; the width of the pattern 831 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #AAPL formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 169.19 is breached. Here
The M5 and M15 time frames may have more false entry points.
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