signal strength 1 of 5
According to the chart of M5, EURCHF produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.9511 while the median line of the Neck is set at 0.9529/0.9527. 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 EURCHF will go towards 0.9542.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
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- Triple top
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The Bearish Flag pattern has been formed on the chart NZDJPY M15. 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 Bearish pennant pattern has formed on the NZDJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 85.81; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #MSFT M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 433.94
The M5 and M15 time frames may have more false entry points.
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