signal strength 2 of 5
The Double Bottom pattern has been formed on EURUSD M15. Characteristics: the support level 1.0778; the resistance level 1.0797; the width of the pattern 19 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 19 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
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- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.62; the lower boundary 33.44; the width of the pattern 185 points
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 190.27; the lower boundary 190.02; the width of the pattern 25 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 33.62; the lower boundary 33.44; the width of the pattern is 185 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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