signal strength 2 of 5
According to M15, GBPCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.1398/1.1397 is broken out, the instrument is likely to move toward 1.1420.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on USDCAD M15; the upper boundary is 1.3938; the lower boundary is 1.3925. The width of the pattern is 12 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 195.99
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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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