signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1501/1.1531 whereas the upper border goes across 1.1573/1.1531. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURUSD will breach the upper border to head for 1.1546.
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURNZD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #MSFT M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1242; the resistance level 1.1253; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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