signal strength 1 of 5
The Double Bottom pattern has been formed on EURJPY 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 161.08 is broken. The further movements will rely on the width of the current pattern 22 points.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- 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
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- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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On the chart of USDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3702; the lower boundary 1.3668; the width of the pattern 34 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 93.96/94.02 whereas the upper border goes across 94.07/94.02
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the GBPAUD M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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