signal strength 4 of 5
The Double Bottom pattern has been formed on NZDUSD H1. Characteristics: the support level 0.5705; the resistance level 0.5726; the width of the pattern 21 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 20 points.
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- Triple top
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- AUDCAD
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- GBPUSD
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The Triple Bottom pattern has formed on the chart of USDCAD M30. Features of the pattern: The lower line of the pattern has coordinates 1.4312 with the upper limit 1.4312/1.4297
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On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6312; the lower boundary 0.6305; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 162.23
The M5 and M15 time frames may have more false entry points.
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