signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of NZDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5003 with the upper limit 0.5003/0.4998, the projection of the width is 13 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 0.4990, the price is most likely to continue the upward movement.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on NZDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8143
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #EBAY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #FB M15. Characteristics: the support level 529.17; the resistance level 557.42; the width of the pattern 2825 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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