signal strength 2 of 5
The Double Bottom pattern has been formed on SILVER M15. Characteristics: the support level 33.24; the resistance level 33.41; the width of the pattern 170 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 175 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- EURCAD
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- EURGBP
- EURJPY
- EURNZD
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- EURUSD
- GBPAUD
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- GBPJPY
- GBPUSD
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0852; the lower boundary is 2.0820. The width of the pattern is 34 points. In case
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 Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5576 is breached. Here
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.05; the lower boundary 93.90; the width of the pattern 15 points
The M5 and M15 time frames may have more false entry points.
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