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FX.co ★ AUDJPY M5: Triple Bottom

AUDJPY M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 113.21/113.14; support level 113.08/113.07; the width is 13 points. In the event of a breakdown of the resistance level of 113.21, the price is likely to continue an upward movement at least to 113.22.
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
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