signal strength 3 of 5
The Double Bottom pattern has been formed on GBPJPY M30. 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 193.38 is broken. The further movements will rely on the width of the current pattern 67 points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #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
- All
- Buy
- Sale
- All
- 1
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- 5
According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3331/1.3322
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 316.06; the lower boundary is 315.21. The width of the pattern is 78 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, #EBAY formed the Head and Shoulders pattern. The Head’s top is set at 68.18 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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