signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0835/2.0826; support level 2.0821/2.0823; the width is 14 points. In the event of a breakdown of the resistance level of 2.0835, the price is likely to continue an upward movement at least to 2.0836.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5921 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9334/0.9344 whereas the upper border goes across 0.9351/0.9344
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 92.50 is breached. Here
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