signal strength 3 of 5
The Triple Bottom pattern has formed on the chart of USDCAD M30. Features of the pattern: The lower line of the pattern has coordinates 1.3730 with the upper limit 1.3730/1.3719, the projection of the width is 21 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 1.3709, the price is most likely to continue the upward movement.
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- AUDCAD
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- EURCAD
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- GBPAUD
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The Double Top pattern has been formed on AUDCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5254
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The Double Bottom pattern has been formed on AUDUSD 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 Bottom pattern has been formed on GBPJPY M15; the upper boundary is 199.10; the lower boundary is 198.75. The width of the pattern is 32 points. In case
The M5 and M15 time frames may have more false entry points.
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