signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of #INTC M5. Features of the pattern: The lower line of the pattern has coordinates 23.57 with the upper limit 23.57/23.47, the projection of the width is 30 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 23.27, the price is most likely to continue the upward movement.
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 AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 90.93; the lower boundary 90.75; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9363
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8536 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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