signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of EURCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.9536 with the upper limit 0.9536/0.9530, the projection of the width is 15 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 0.9521, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 202.33; the lower boundary 201.79; the width of the pattern is 55 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the AUDCAD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0558
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