signal strength 1 of 5
The Double Top pattern has been formed on AUDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 88.09 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Bottom pattern has been formed on NZDJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Triple Bottom pattern has been formed on AUDJPY H1. It has the following characteristics: resistance level 95.80/95.20; support level 95.06/94.94; the width is 74 points. In the event
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The Double Bottom pattern has been formed on NZDJPY M30. Characteristics: the support level 86.63; the resistance level 86.92; the width of the pattern 29 points. If the resistance level
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