signal strength 1 of 5
According to the chart of M5, SILVER formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 29.77 – 29.77 and upper border 29.89 – 29.89. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5283; the lower boundary is 0.5274. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDJPY formed the Head and Shoulders pattern. The Head’s top is set at 144.75 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6394; the lower boundary is 0.6384. The width of the pattern is 10 points. In case
The M5 and M15 time frames may have more false entry points.
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