signal strength 1 of 5
According to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8148 while the median line of the Neck is found at 0.8120/0.8140. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of USDCHF will go towards 0.8163
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- AUDCAD
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- EURGBP
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
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- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
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- USDCAD
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The Bearish Flag pattern has been formed on the chart GBPCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
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 SILVER M5. Characteristics: the upper boundary 33.30; the lower boundary 33.24; the width of the pattern is 55 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M5; the upper boundary is 1.1111; the lower boundary is 1.1093. The width of the pattern is 18 points. In case
The M5 and M15 time frames may have more false entry points.
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