signal strength 1 of 5
According to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8148 while the median line of the Neck is found at 0.8120/0.8140. 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 0.8163
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- #AAPL
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The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 96351.95; the lower boundary 95781.93; the width of the pattern is 56120 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4887; the resistance level 0.4915; the width of the pattern 28 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5283; the lower boundary is 0.5273. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
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