signal strength 3 of 5
The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8223; the resistance level 0.8253; the width of the pattern 30 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 32 points.
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.63
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 87.81; the lower boundary 87.63; the width of the pattern is 18 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY H1. Characteristics: the upper boundary 197.99; the lower boundary 197.35; the width of the pattern is 62 points. Sell trades
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