was formed on 06.05 at 12:10:30 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of EURJPY M5. Features of the pattern: The lower line of the pattern has coordinates 162.12 with the upper limit 162.12/162.10, the projection of the width is 9 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 162.03, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
