signal strength 2 of 5
The Double Bottom pattern has been formed on USDJPY M15. Characteristics: the support level 148.60; the resistance level 149.67; the width of the pattern 107 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 105 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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According to the chart of M5, NZDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6280
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0468 - 0.0000
The M5 and M15 time frames may have more false entry points.
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