signal strength 1 of 5

The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 194.54; the resistance level 194.68; the width of the pattern 14 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 15 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.2948; the lower boundary is 1.2934. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 193.33; the lower boundary is 192.78. The width of the pattern is 60 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0658/2.0675 whereas the upper border goes across 2.0687/2.0675
The M5 and M15 time frames may have more false entry points.
Open chart in a new window