signal strength 4 of 5
The Triple Bottom pattern has been formed on USDCHF H1. It has the following characteristics: resistance level 0.8256/0.8192; support level 0.8140/0.8142; the width is 116 points. In the event of a breakdown of the resistance level of 0.8256, the price is likely to continue an upward movement at least to 0.8138.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
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- EURRUB
- EURUSD
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- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
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According to the chart of M15, NZDJPY formed the Head and Shoulders pattern. The Head’s top is set at 86.78 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD H1; the upper boundary is 1.5635; the lower boundary is 1.5595. The width of the pattern is 42 points. In case
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The Double Bottom pattern has been formed on EURGBP M30. Characteristics: the support level 0.8407; the resistance level 0.8420; the width of the pattern 13 points. If the resistance level
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