signal strength 1 of 5
The Double Bottom pattern has been formed on #NTDOY M5. 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 16.76 is broken. The further movements will rely on the width of the current pattern 18 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 92.47
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, AUDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 92.47
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On the chart of #MCD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 321.54; the lower boundary 320.29; the width of the pattern 125 points
The M5 and M15 time frames may have more false entry points.
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