signal strength 3 of 5
According to M30, EURJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 161.95/161.95 is broken out, the instrument is likely to move toward 162.25.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3304
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD H1. Characteristics: the support level 2.0243; the resistance level 2.0320; the width of the pattern 77 points. If the resistance level
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The Double Bottom pattern has been formed on NZDJPY M30; the upper boundary is 88.19; the lower boundary is 87.80. The width of the pattern is 41 points. In case
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