signal strength 1 of 5
On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3446; the lower boundary 1.3434; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.3419 level.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on NZDCAD M15. It has the following characteristics: resistance level 0.8119/0.8115; support level 0.8103/0.8105; the width is 16 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4645 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5867 is breached. Here
The M5 and M15 time frames may have more false entry points.
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