signal strength 1 of 5
The Triple Bottom pattern has been formed on #INTC M5. It has the following characteristics: resistance level 20.65/20.24; support level 19.98/19.90; the width is 67 points. In the event of a breakdown of the resistance level of 20.65, the price is likely to continue an upward movement at least to 20.14.
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
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- #PEP
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- AUDCAD
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- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
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- USDCHF
- USDJPY
- USDRUB
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 90.53 is likely to encourage a continuation
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 EURCAD M5. Characteristics: the upper boundary 1.5812; the lower boundary 1.5776; the width of the pattern is 35 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1418; the lower boundary 1.1379; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
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