signal strength 1 of 5
The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5548; the resistance level 1.5557; the width of the pattern 9 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 10 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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- 1
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- 5
The Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDJPY M30. Characteristics: the upper boundary 93.81; the lower boundary 93.23; the width of the pattern is 60 points. Sell trades
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The Double Top reversal pattern has been formed on GOLD M15. Characteristics: the upper boundary 3450.66; the lower boundary 3436.66; the width of the pattern is 1410 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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