signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5900, the lower border is 0.5884. The signal means that a short position should be opened after fixing a price below the lower border 0.5884 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the USDCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.3679; the projection
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 162.28/163.37 whereas the upper border goes across 164.23/163.37
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The Double Bottom pattern has been formed on GBPJPY M30. Characteristics: the support level 193.37; the resistance level 194.63; the width of the pattern 126 points. If the resistance level
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