signal strength 1 of 5
The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 161.42/161.39; support level 161.27/161.29; the width is 15 points. In the event of a breakdown of the resistance level of 161.42, the price is likely to continue an upward movement at least to 161.41.
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 Bullish Flag pattern has been formed on the chart GBPAUD M5 which signals that the upward trend will continue. Signals: а break of the peak at 2.0229 may push
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #TSLA M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 448.23 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument GBPAUD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 2.0229, with the prospect
The M5 and M15 time frames may have more false entry points.
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