signal strength 2 of 5
The Triple Bottom pattern has formed on the chart of GBPCHF M15. Features of the pattern: The lower line of the pattern has coordinates 1.1442 with the upper limit 1.1442/1.1421, the projection of the width is 36 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.1406, the price is most likely to continue the upward movement.
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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The Bullish pennant signal – Trading instrument GBPCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.1069, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #NTDOY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Bullish pennant graphic pattern has formed on the #NTDOY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
