signal strength 2 of 5
The Double Bottom pattern has been formed on EURUSD M15. 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 1.0795 is broken. The further movements will rely on the width of the current pattern 17 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 190.37 is likely to encourage a continuation
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 M15; the upper boundary is 0.8223; the lower boundary is 0.8195. The width of the pattern is 27 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, USDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8194 is likely to encourage a continuation
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