signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 81.42/81.55 whereas the upper border goes across 81.68/81.55. 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 NZDJPY will breach the upper border to head for 81.70.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MA M5. Characteristics: the support level 509.54; the resistance level 524.12; the width of the pattern 1458 points. If the resistance level
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 #KO M15. Characteristics: the upper boundary 73.42; the lower boundary 72.95; the width of the pattern is 46 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #INTC M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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