signal strength 1 of 5
The Triple Bottom pattern has been formed on EURGBP M5. It has the following characteristics: resistance level 0.8515/0.8514; support level 0.8509/0.8509; the width is 6 points. In the event of a breakdown of the resistance level of 0.8515, the price is likely to continue an upward movement at least to 0.8525.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, NZDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8234/0.8251 and upper border is 0.8265/0.8251. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.4926 is breached. Here
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On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 93.56; the lower boundary 93.49; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
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