signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 150.29 with the upper limit 150.29/150.27, the projection of the width is 19 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 150.10, the price is most likely to continue the upward movement.
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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The Bullish Flag pattern has been formed on NZDCHF at M5. The lower boundary of the pattern is located at 0.4839/0.4829, while the higher boundary lies at 0.4849/0.4839. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument NZDCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.4849, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURCHF M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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