signal strength 1 of 5
The Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 94.07/94.02; support level 93.89/93.89; the width is 18 points. In the event of a breakdown of the resistance level of 94.07, the price is likely to continue an upward movement at least to 93.99.
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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- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on AUDUSD M5. Characteristics: the upper boundary 0.6528; the lower boundary 0.6522; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of the AUDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0510; the lower boundary is 2.0503. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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