signal strength 2 of 5
The Double Bottom pattern has been formed on GBPUSD M15. Characteristics: the support level 1.2926; the resistance level 1.2945; the width of the pattern 19 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 18 points.
The M5 and M15 time frames may have more false entry points.
یہ بھی دیکھیں
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- Double Top
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.38; the lower boundary 195.99; the width of the pattern 39 points
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6464
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According to the chart of M15, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3314 and support 1.3298
The M5 and M15 time frames may have more false entry points.
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