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 1.1076 with the upper limit 1.1076/1.1069, 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 1.1062, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M30, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 87.77 and 87.44 are the coordinates
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The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 94.36; the resistance level 94.47; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.8272; the lower boundary is 0.8267. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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