signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0644 while the median line of the Neck is found at 2.0617/2.0613. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPAUD will go towards 2.0598.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M5. Characteristics: the support level 1.0916; the resistance level 1.0973; the width of the pattern 57 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the SILVER M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -15, support level -105
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on USDCHF M5. Characteristics: the upper boundary 0.8600; the lower boundary 0.8583; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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