signal strength 1 of 5
The Triple Bottom pattern has been formed on EURGBP M5. It has the following characteristics: resistance level 0.8515/0.8514; support level 0.8509/0.8509; the width is 6 points. In the event of a breakdown of the resistance level of 0.8515, the price is likely to continue an upward movement at least to 0.8524.
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 Bearish pennant pattern has formed on the #PEP M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 148.92; the projection
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on NZDJPY at M30. The lower boundary of the pattern is located at 86.19/86.07, while the higher boundary lies at 86.31/86.19. The projection
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The Bullish pennant signal – Trading instrument NZDJPY M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 86.31, with the prospect
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