signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of AUDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 94.62/94.62 after the right shoulder has been formed. So, the trend is set to change with the price heading for 94.47.
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 Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 86.08 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #EBAY H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Double Top reversal pattern has been formed on #MCD M15. Characteristics: the upper boundary 314.35; the lower boundary 309.52; the width of the pattern is 467 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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