signal strength 1 of 5

The Double Bottom pattern has been formed on GBPJPY M5. 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 195.31 is broken. The further movements will rely on the width of the current pattern 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
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
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- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
- SILVER
- USDCAD
- USDCHF
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- USDRUB
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- M5
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The Double Bottom pattern has been formed on USDJPY M5; the upper boundary is 149.95; the lower boundary is 149.85. The width of the pattern is 10 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of the SILVER M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8162
The M5 and M15 time frames may have more false entry points.
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