signal strength 3 of 5

The Double Bottom pattern has been formed on GBPCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.0968 is broken. The further movements will rely on the width of the current pattern 18 points.
See Also
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- Double Top
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- Triangle
- Triple top
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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5944/0.5958 whereas the upper border goes across 0.5969/0.5958
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, NZDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5926 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 197.35
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