signal strength 2 of 5
The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 193.44; the lower boundary is 193.02. The width of the pattern is 39 points. In case of a break of the upper boundary 193.44, 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.
Vea asimismo
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On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3446; the lower boundary 1.3434; the width of the pattern 12 points
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 NZDCAD M5. Characteristics: the upper boundary 0.8160; the lower boundary 0.8151; the width of the pattern is 8 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.4833 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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