signal strength 1 of 5
The Bearish Flag pattern has been formed on #INTC at M5. The lower boundary of the pattern is located at 21.10/21.22 while the upper boundary lies at 21.20/21.32. The projection of the flagpole is 80 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 21.10 is broken, the price will move further downwards.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The NZDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6081, the Neckline and the upward angle are at 0.6057/0.6057. The formation
The M5 and M15 time frames may have more false entry points.
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According to M5, AUDJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 94.20/94.21 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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