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FX.co ★ #MA M5: Triple Bottom

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Technical Analysis Patterns

2025-02-20T19:00:26
Signal strength 1 of 5

#MA M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on #MA M5. It has the following characteristics: resistance level 561.51/560.12; support level 559.24/559.37; the width is 227 points. In the event of a breakdown of the resistance level of 561.51, the price is likely to continue an upward movement at least to 559.48.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by #MA