signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 145.24/145.39 whereas the upper border goes across 145.49/145.39. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 145.54.
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #PEP M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.49; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8935; the resistance level 0.8953; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.47; the projection
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