signal strength 1 of 5
According to the chart of M5, USDJPY formed the Head and Shoulders pattern. The Head’s top is set at 150.87 while the median line of the Neck is found at 150.68/150.70. 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 USDJPY will go towards 150.55.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on SILVER M5. It has the following characteristics: resistance level 32.62/32.59; support level 32.52/32.52; the width is 110 points. In the event
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 #FB M5. Characteristics: the upper boundary 597.42; the lower boundary 595.03; the width of the pattern is 218 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1336; the resistance level 1.1354; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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