Actual patterns

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Patterns are graphical models which are formed in the chart by the price. According to one of the technical analysis postulates, history (price movement) repeats itself. It means that the price movements are often similar in the same situations which makes it possible to predict the further development of the situation with a high probability.

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Triple Bottom
was formed on 15.12 at 22:55:17 (UTC+0)
signal strength 1 of 5

The Triple Bottom pattern has formed on the chart of the #MCD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 287.23/287.03.

The M5 and M15 time frames may have more false entry points.

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Timeframe

Trend

Signal Strength

Actual Patterns