signal strength 3 of 5
The Double Bottom pattern has been formed on NZDCHF M30. 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 0.4779 is broken. The further movements will rely on the width of the current pattern 76 points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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According to the chart of M5, SILVER formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 31.80
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Head and Shoulders pattern. The Head’s top is set at 1.5811 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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