signal strength 3 of 5
The Triple Bottom pattern has formed on the chart of the NZDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.4869/0.4858.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of H1, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5727, the lower border is 0.5708. The signal means
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According to the chart of M5, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6563 while the median line of the Neck is found
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 NZDCHF M30. Characteristics: the upper boundary 0.4607; the lower boundary 0.4593; the width of the pattern is 13 points. Sell trades
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