logo

FX.co ★ GBPJPY M5: Triple Bottom

GBPJPY M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on GBPJPY M5. It has the following characteristics: resistance level 215.68/215.53; support level 215.43/215.42; the width is 25 points. In the event of a breakdown of the resistance level of 215.68, the price is likely to continue an upward movement at least to 215.56.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph