signal strength 1 of 5
The Double Bottom pattern has been formed on #MA M5. Characteristics: the support level 509.54; the resistance level 524.12; the width of the pattern 1458 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 1493 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
- #AMZN
- #Bitcoin
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- #MA
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- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
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- EURJPY
- EURNZD
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- EURUSD
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- GBPJPY
- GBPUSD
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- NZDCAD
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1417; the lower boundary 1.1408; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3592; the lower boundary 1.3578; the width of the pattern 14 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.58; the lower boundary 162.37; the width of the pattern 21 points
The M5 and M15 time frames may have more false entry points.
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