signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of USDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 1.4257 with the upper limit 1.4257/1.4254, the projection of the width is 12 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.4245, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5530
The M5 and M15 time frames may have more false entry points.
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On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3050.69; the lower boundary 3037.74; the width of the pattern 1295 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 79.77/80.40 and upper border is 81.02/80.40. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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