signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 150.72; the resistance level 150.87; the width of the pattern 15 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 14 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- #PEP
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- AUDCHF
- AUDJPY
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On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.49; the lower boundary 199.31; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on #PEP M15. It has the following characteristics: resistance level 151.17/149.08; support level 148.67/148.60; the width is 250 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -3
The M5 and M15 time frames may have more false entry points.
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