signal strength 1 of 5
The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 161.42/161.39; support level 161.27/161.29; the width is 15 points. In the event of a breakdown of the resistance level of 161.42, the price is likely to continue an upward movement at least to 161.41.
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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According to the chart of M5, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4776 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 96.94 and 96.70 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0509 with the upper limit 2.0509/2.0504
The M5 and M15 time frames may have more false entry points.
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