signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 150.72; the resistance level 150.87; the width of the pattern 15 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 14 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6377/0.6386 and upper border is 0.6396/0.6386. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart NZDCAD H1 which signals that the downward trend will continue. If the price breaks below the low at 0.8194, then
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The Bearish pennant pattern has formed on the NZDCAD H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8194 is broken through. Recommendations: Place
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