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.
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- Double Top
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According to the chart of M15, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3211 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPCHF M15; the upper boundary is 1.1019; the lower boundary is 1.0994. The width of the pattern is 24 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to M15, EURUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.1233/1.1229 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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