signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 84.71 is likely to encourage a continuation of the downward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0880; the lower boundary 2.0852; the width of the pattern 28 points
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart EURCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.9295 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURCHF M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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