signal strength 1 of 5
The Double Bottom pattern has been formed on SILVER M5. Characteristics: the support level 33.40; the resistance level 33.49; the width of the pattern 100 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 105 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
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- Triple top
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The Triple Bottom pattern has formed on the chart of EURCAD M5. Features of the pattern: The lower line of the pattern has coordinates 1.5444 with the upper limit 1.5444/1.5442
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5706 is breached. Here
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 EURCAD M15. There are weighty reasons to suggest that the price will surpass the Neckline 1.5436/1.5431 after
The M5 and M15 time frames may have more false entry points.
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