signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of GBPCHF M5. Features of the pattern: The lower line of the pattern has coordinates 1.0970 with the upper limit 1.0970/1.0964, the projection of the width is 14 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 1.0956, 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
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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The Double Bottom pattern has been formed on EURCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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 #FB 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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According to M5, USDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.3675/1.3675 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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