signal strength 1 of 5
The Bearish pennant pattern has formed on the NZDJPY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 85.70, a trader will be able to successfully enter the sell position.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8174
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9299
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Double Bottom pattern has been formed on NZDJPY M15. Characteristics: the support level 84.31; the resistance level 84.49; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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