signal strength 1 of 5
The Double Bottom pattern has been formed on #FB M5. Characteristics: the support level 579.63; the resistance level 610.12; the width of the pattern 3049 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 2935 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- EURCAD
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- EURUSD
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- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
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- SILVER
- USDCAD
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- USDRUB
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- M5
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According to the chart of M5, SILVER 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 Bullish pennant signal – Trading instrument EURCHF M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.9569, with the prospect
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.9539 while the median line of the Neck
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