signal strength 3 of 5
The Double Bottom pattern has been formed on AUDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.5226 is broken. The further movements will rely on the width of the current pattern 16 points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart AUDJPY M5. Forecast: if the price breaks above the pattern high at 96.50, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 96.50, with the prospect
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 199.03, the lower border is 198.84. The signal means
The M5 and M15 time frames may have more false entry points.
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