signal strength 1 of 5
According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4774 and 0.4760 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 14 pips. Outlook: If the upper border 0.4774 is broken, the price is likely to continue its move by 0.4783.
The M5 and M15 time frames may have more false entry points.
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According to M30, EURCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.9350/0.9349 is broken out, the instrument is likely to move toward
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The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5334; the lower boundary 0.5327; the width of the pattern is 7 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 #MCD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 312.97 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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