signal strength 1 of 5

The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 148.74; the resistance level 148.96; the width of the pattern 22 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 21 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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- Rectangle
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- Triple top
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- AUDCAD
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3182.64
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant signal – Trading instrument GBPUSD M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.2999, with the prospect
Open chart in a new windowThe Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1158
The M5 and M15 time frames may have more false entry points.
Open chart in a new window