signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5281; the resistance level 0.5302; the width of the pattern 21 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 20 points.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The EURJPY M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 169.83, the Neckline and the upward angle are at 169.55/169.55. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1779
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 87.71/87.71 after
The M5 and M15 time frames may have more false entry points.
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