signal strength 4 of 5
The Triple Bottom pattern has been formed on NZDUSD H1. It has the following characteristics: resistance level 0.5638/0.5621; support level 0.5515/0.5481; the width is 123 points. In the event of a breakdown of the resistance level of 0.5638, the price is likely to continue an upward movement at least to 0.5541.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3326.83
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M15; the upper boundary is 0.8224; the lower boundary is 0.8215. The width of the pattern is 9 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 NZDUSD M15. Characteristics: the support level 0.5955; the resistance level 0.5969; the width of the pattern 14 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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