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Triple Bottom
was formed on 11.04 at 21:00:25 (UTC+0)
signal strength 1 of 5

Triple Bottom EURCAD M5

The Triple Bottom pattern has formed on the chart of EURCAD M5. Features of the pattern: The lower line of the pattern has coordinates 1.5748 with the upper limit 1.5748/1.5716, the projection of the width is 56 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.5692, the price is most likely to continue the upward movement.

The M5 and M15 time frames may have more false entry points.

Figure
  • All
Instrument
  • All
  • Bearish Rectangle
  • Bearish Symmetrical Triangle
  • Bearish Symmetrical Triangle
  • Bullish Rectangle
  • Double Top
  • Double Top
  • Triple Bottom
  • Triple Bottom
  • Triple Top
  • Triple Top
Timeframe
  • All
Trend
  • All
  • Buy
  • Sale
Signal Strength
  • All
  • 1
  • 2
  • 3
  • 4
  • 5
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