signal strength 1 of 5
The Triple Bottom pattern has been formed on GBPAUD M5. It has the following characteristics: resistance level 2.0835/2.0826; support level 2.0821/2.0823; the width is 14 points. In the event of a breakdown of the resistance level of 2.0835, the price is likely to continue an upward movement at least to 2.0836.
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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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPUSD H1. Forecast: if the price breaks above the pattern high at 1.3592, then
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The Bullish pennant pattern is formed on the GBPUSD H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8862; the resistance level 0.8872; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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