signal strength 1 of 5
The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 150.16; the lower boundary is 148.41. The width of the pattern is 175 points. In case of a break of the upper boundary 150.16, 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.
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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- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
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The Double Bottom pattern has been formed on #MA M5. Characteristics: the support level 471.47; the resistance level 481.71; the width of the pattern 1024 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #FB M5; the upper boundary is 518.05; the lower boundary is 502.39. The width of the pattern is 1532 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 Bearish Symmetrical Triangle pattern. Description: The lower border is 0.4637/0.4673 and upper border is 0.4713/0.4673. The pattern width is measured
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