signal strength 1 of 5
The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 316.06; the lower boundary is 315.21. The width of the pattern is 78 points. In case of a break of the upper boundary 316.06, 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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The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6016
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5. 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 Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.6026; the lower boundary 1.6010; the width of the pattern is 17 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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