signal strength 2 of 5
According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8813/0.8844 whereas the upper border goes across 0.8874/0.8844. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCAD will breach the upper border to head for 0.8867.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- NZDCAD
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- NZDUSD
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The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8271; the resistance level 0.8287; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 86.55; the resistance level 86.68; the width of the pattern 13 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on GOLD at M5. The lower boundary of the pattern is located at 3177.35/3185.07 while the upper boundary lies at 3185.27/3192.99. The projection
The M5 and M15 time frames may have more false entry points.
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