The M5 and M15 time frames may have more false entry points.
FX.co ★ #NTDOY M5: Triple Bottom
Signal strength 1 of 5
#NTDOY M5: Triple Bottom
The Triple Bottom pattern has formed on the chart of #NTDOY M5. Features of the pattern: The lower line of the pattern has coordinates 15.05 with the upper limit 15.05/15.04, the projection of the width is 1 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 15.04, the price is most likely to continue the upward movement.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction