signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 193.21; the lower boundary is 193.01. The width of the pattern is 18 points. In case of a break of the upper boundary 193.21, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- AUDCAD
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According to the chart of M5, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3534 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GOLD H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5690; the lower boundary 1.5675; the width of the pattern is 15 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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