signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of EURCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.9325/0.9326 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.9311.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 165.53
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0735; the lower boundary is 2.0666. The width of the pattern is 67 points. In case
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According to the chart of M15, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 195.89/195.54
The M5 and M15 time frames may have more false entry points.
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