signal strength 2 of 5
The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 94.30; the resistance level 94.46; the width of the pattern 16 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 14 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCHF
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- NZDUSD
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According to the chart of M30, NZDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4916, the lower border is 0.4879. The signal means
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According to the chart of H1, NZDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4916, the lower border is 0.4879. The signal means
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On the chart of EURJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 163.89; the lower boundary 163.64; the width of the pattern 25 points
The M5 and M15 time frames may have more false entry points.
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