signal strength 4 of 5
The Triple Bottom pattern has been formed on EURUSD H1. It has the following characteristics: resistance level 1.0830/1.0808; support level 1.0784/1.0780; the width is 46 points. In the event of a breakdown of the resistance level of 1.0830, the price is likely to continue an upward movement at least to 1.0818.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- 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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- Buy
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The Double Top reversal pattern has been formed on SILVER H1. Characteristics: the upper boundary 31.26; the lower boundary 30.54; the width of the pattern is 765 points. Sell trades
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3182.64
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument GBPUSD M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.2999, with the prospect
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