signal strength 1 of 5
The Double Bottom pattern has been formed on GBPCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.0943 is broken. The further movements will rely on the width of the current pattern 20 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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- AUDCHF
- AUDJPY
- AUDUSD
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- EURCHF
- EURGBP
- EURJPY
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- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDUSD
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The Double Bottom pattern has been formed on SILVER 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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On the chart of the GBPJPY H1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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The Double Bottom pattern has been formed on USDJPY M15. Characteristics: the support level 143.99; the resistance level 144.40; the width of the pattern 41 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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