signal strength 1 of 5
The Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 143.53/143.49; support level 143.24/143.25; the width is 29 points. In the event of a breakdown of the resistance level of 143.53, the price is likely to continue an upward movement at least to 143.42.
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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According to the chart of M15, NZDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8165/0.8184 and upper border is 0.8197/0.8184. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 84.95; the lower boundary 84.77; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDCHF M15. Characteristics: the upper boundary 0.4907; the lower boundary 0.4887; the width of the pattern is 19 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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