signal strength 1 of 5
The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 466.76; the projection of the flagpole height is equal to 3098 pips. In case the price breaks out the pattern’s bottom of 466.76, the downtrend is expected to continue for further level 466.61.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 142.45/142.62 whereas the upper border goes across 142.83/142.62
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 142.41/142.64 whereas the upper border goes across 142.84/142.64
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #Bitcoin M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 92625.25
The M5 and M15 time frames may have more false entry points.
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