signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 84.75 – 84.75 and upper border 84.93 – 84.93. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Rectangle
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- Triple top
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3498
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the NZDJPY 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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According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4723 and 0.4702 are the coordinates
The M5 and M15 time frames may have more false entry points.
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