signal strength 2 of 5
The Double Bottom pattern has been formed on #Bitcoin M15. 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 84119.35 is broken. The further movements will rely on the width of the current pattern 51812 points.
The M5 and M15 time frames may have more false entry points.
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
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- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0893 and 1.0861 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 84.40 and support 84.26
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 Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.9305 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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