signal strength 1 of 5
The Triple Top pattern has formed on the chart of the USDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -5, support level -14, and pattern’s width 16. Forecast If the price breaks through the support level 147.68, it is likely to move further down to 147.75.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M15, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0923/1.0936 and upper border is 1.0946/1.0936. The pattern width is measured
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 NZDJPY M5. Characteristics: the upper boundary 87.47; the lower boundary 87.31; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.3532; the lower boundary is 1.3523. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
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