signal strength 3 of 5
The EURGBP M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.8522, the Neckline and the upward angle are at 0.8471/0.8475. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of EURGBP will go towards 0.8445.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of the USDJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 141.96; the lower boundary is 141.59. The width of the pattern is 41 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 85.15 and 84.50 are the coordinates
The M5 and M15 time frames may have more false entry points.
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