signal strength 1 of 5
The Double Bottom pattern has been formed on GBPAUD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 2.0426 is broken. The further movements will rely on the width of the current pattern 11 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
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5614; the resistance level 1.5621; the width of the pattern 7 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Bottom pattern has been formed on GOLD M5. Characteristics: the support level 3044.49; the resistance level 3056.99; the width of the pattern 1250 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Top pattern has been formed on SILVER M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 33.74
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
