signal strength 2 of 5
The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 193.24; the lower boundary is 192.29. The width of the pattern is 96 points. In case of a break of the upper boundary 193.24, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
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- AUDCAD
- AUDCHF
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- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
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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.
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The 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.
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According 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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