signal strength 4 of 5
The Double Bottom pattern has been formed on AUDCHF H1; the upper boundary is 0.5174; the lower boundary is 0.5074. The width of the pattern is 105 points. In case of a break of the upper boundary 0.5174, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
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- 1
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- 5
According to the chart of M15, GBPAUD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 2.0658 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to M5, GBPAUD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 2.0707/2.0710 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 167.02 - 0.00
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