signal strength 1 of 5
The Double Bottom pattern has been formed on NZDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 84.32 is broken. The further movements will rely on the width of the current pattern 26 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8401 and 0.8377 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 164.71; the lower boundary is 164.55. The width of the pattern is 14 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 USDCAD M15; the upper boundary is 1.3938; the lower boundary is 1.3925. The width of the pattern is 12 points. In case
The M5 and M15 time frames may have more false entry points.
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