signal strength 2 of 5
The Triple Bottom pattern has been formed on USDCAD M15. It has the following characteristics: resistance level 1.3877/1.3862; support level 1.3850/1.3851; the width is 27 points. In the event of a breakdown of the resistance level of 1.3877, the price is likely to continue an upward movement at least to 1.3872.
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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- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of EURJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.58; the lower boundary 162.37; the width of the pattern 21 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the EURJPY 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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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.49; the lower boundary 193.23; the width of the pattern 26 points
The M5 and M15 time frames may have more false entry points.
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