signal strength 1 of 5
The Triple Bottom pattern has been formed on #KO M5. It has the following characteristics: resistance level 72.01/72.00; support level 71.72/71.74; the width is 29 points. In the event of a breakdown of the resistance level of 72.01, the price is likely to continue an upward movement at least to 71.92.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5921/0.5931 whereas the upper border goes across 0.5941/0.5931
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8165/0.8184 and upper border is 0.8197/0.8184. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 84.95; the lower boundary 84.77; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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