signal strength 2 of 5
The Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 191.13; the resistance level 191.94; the width of the pattern 81 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 82 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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- #PEP
- #TSLA
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
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- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
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- 5
On the chart of #MA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 541.46; the lower boundary 539.75; the width of the pattern 171 points
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M5; the upper boundary is 0.9348; the lower boundary is 0.9330. The width of the pattern is 19 points. In case
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #AMZN M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 178.89 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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