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FX.co ★ AUDCHF M15: Triple Bottom

AUDCHF M15: Triple Bottom

Triple BottomThe Triple Bottom pattern has formed on the AUDCHF M15 chart. It has the following characteristics: resistance at 0.5787; support at 0.5782; pattern width of 5 points. If the confirmation resistance at 0.5805 is broken, the price is likely to continue upward by at least 24 points.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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