signal strength 2 of 5
The Triple Bottom pattern has formed on the chart of EURJPY M15. Features of the pattern: The lower line of the pattern has coordinates 161.64 with the upper limit 161.64/161.42, the projection of the width is 69 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 160.95, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish pennant graphic pattern has formed on the AUDJPY M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #AMZN M15; the upper boundary is 203.40; the lower boundary is 200.12. The width of the pattern is 338 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #AMZN M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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