signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 150.29 with the upper limit 150.29/150.27, the projection of the width is 19 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 150.10, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Triple top
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The Double Bottom pattern has been formed on #PEP M15; the upper boundary is 149.38; the lower boundary is 148.80. The width of the pattern is 65 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M15; the upper boundary is 149.38; the lower boundary is 148.80. The width of the pattern is 65 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5744/0.5736
The M5 and M15 time frames may have more false entry points.
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