signal strength 1 of 5
The Triple Bottom pattern has been formed on #INTC M5. It has the following characteristics: resistance level 20.65/20.24; support level 19.98/19.90; the width is 67 points. In the event of a breakdown of the resistance level of 20.65, the price is likely to continue an upward movement at least to 20.14.
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 Bearish pennant pattern has formed on the GBPJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 202.63 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
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 GBPJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 202.56/202.63 after
The M5 and M15 time frames may have more false entry points.
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