signal strength 2 of 5

The Double Bottom pattern has been formed on EURCHF M15. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 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 39 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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- AUDCAD
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According to the chart of M5, GBPCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.0923 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4773; the resistance level 0.4786; the width of the pattern 13 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5254; the lower boundary is 0.5241. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window