signal strength 2 of 5
The Triple Bottom pattern has formed on the chart of the USDJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 142.21/141.96.
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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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPUSD H1. Forecast: if the price breaks above the pattern high at 1.3592, then
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The Bullish pennant pattern is formed on the GBPUSD H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8862; the resistance level 0.8872; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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