signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPJPY M5. It has the following characteristics: resistance level 193.74/193.67; support level 193.54/193.55; the width is 20 points. In the event of a breakdown of the resistance level of 193.74, the price is likely to continue an upward movement at least to 193.70.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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- Triple top
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The Triple Top pattern has formed on the chart of the NZDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8965/0.8970 whereas the upper border goes across 0.8977/0.8970
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8167 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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