signal strength 1 of 5
The Double Bottom pattern has been formed on #GOOG M5. Characteristics: the support level 152.21; the resistance level 154.17; the width of the pattern 196 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 207 points.
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 Double Top reversal pattern has been formed on SILVER M15. Characteristics: the upper boundary 30.14; the lower boundary 29.99; the width of the pattern is 140 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 89.54 and support 89.10
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 82.82 and 82.45 are the coordinates
The M5 and M15 time frames may have more false entry points.
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