signal strength 1 of 5
According to the chart of M5, EURGBP formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8354 while the median line of the Neck is found at 0.8350/0.8352. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURGBP will go towards 0.8369
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 90.93; the lower boundary 90.75; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9363
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8536 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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