signal strength 2 of 5
According to the chart of M15, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8576 while the median line of the Neck is found at 0.8476/0.8542. 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 USDCHF will go towards 0.8598
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 84.69; the resistance level 84.89; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 90.60 is likely to encourage a continuation
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 Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.07/84.81
The M5 and M15 time frames may have more false entry points.
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