signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 191.85 with the upper limit 191.85/191.40, the projection of the width is 73 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 191.12, 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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On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5769; the lower boundary 1.5759; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5772; the lower boundary 1.5759; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8174
The M5 and M15 time frames may have more false entry points.
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