signal strength 2 of 5
The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 89.74; the resistance level 90.22; the width of the pattern 48 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 46 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, AUDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 92.94, the lower border is 92.44. The signal means
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According to the chart of M30, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 85.24
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The Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 33.34
The M5 and M15 time frames may have more false entry points.
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