signal strength 1 of 5
According to the chart of M5, NZDCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.4833 while the median line of the Neck is set at 0.4843/0.4842. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of NZDCHF will go towards 0.4857.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4776 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, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 96.94 and 96.70 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0509 with the upper limit 2.0509/2.0504
The M5 and M15 time frames may have more false entry points.
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