signal strength 1 of 5
According to the chart of M5, AUDUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.6402 while the median line of the Neck is set at 0.6415/0.6416. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDUSD will go towards 0.6431.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 85.50, the lower border is 85.36. The signal means
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURCHF M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.9331; the projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the EURCAD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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