signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of EURCAD M5. Features of the pattern: The lower line of the pattern has coordinates 1.5715 with the upper limit 1.5715/1.5696, the projection of the width is 27 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 1.5688, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURCHF
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- EURNZD
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- EURUSD
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On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8014; the lower boundary 0.8007; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the AUDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3646 and support 1.3639
The M5 and M15 time frames may have more false entry points.
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