signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 193.35/193.57 and upper border is 193.89/193.57. The pattern width is measured on the chart at -54 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPJPY breaches the lower border, the price could continue its move toward 193.42.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Pennant
- Rectangle
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- Triple top
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart AUDUSD M15. Forecast: if the price breaks above the pattern high at 0.6470, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument AUDUSD M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.6470, with the prospect
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 GOLD M5. Characteristics: the upper boundary 3314.76; the lower boundary 3309.74; the width of the pattern is 449 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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