signal strength 1 of 5
The Double Bottom pattern has been formed on #Bitcoin 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 83834.97 is broken. The further movements will rely on the width of the current pattern 20198 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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- #AAPL
- #AMZN
- #Bitcoin
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- #NTDOY
- #PEP
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 2.0604 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 103626.65; the lower boundary 103376.20; the width of the pattern 25045 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3983 and support 1.3965
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3965
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 194.74; the lower boundary is 194.53. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Head and Shoulders pattern. The Head’s top is set at 0.9420 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 Triple Bottom pattern has formed on the chart of NZDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.4978 with the upper limit 0.4978/0.4968
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The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.5615; the lower boundary is 1.5607. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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