signal strength 2 of 5
The Double Bottom pattern has been formed on USDJPY M15. Characteristics: the support level 143.81; the resistance level 144.03; the width of the pattern 22 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 24 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 86.46 and 86.37 are the coordinates
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 GBPJPY M5. Characteristics: the upper boundary 198.86; the lower boundary 198.77; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 95.87/95.87, while the higher boundary lies at 95.93/95.93. The projection
The M5 and M15 time frames may have more false entry points.
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