signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8254/0.8212 whereas the lower border goes across 0.8159/0.8212. The pattern width is measured on the chart at 95 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8212 is broken, the price could continue its move toward 0.8227.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 199.95; the lower boundary 199.78; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 199.78
The M5 and M15 time frames may have more false entry points.
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According to M15, AUDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.5268/0.5268 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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