signal strength 1 of 5
According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5072/0.5079 whereas the upper border goes across 0.5089/0.5079. 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 NZDCHF will breach the upper border to head for 0.5094.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
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- Triple top
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On the chart of the USDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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According to M15, EURCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.5746/1.5739 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 Bottom pattern has been formed on SILVER M5. It has the following characteristics: resistance level 33.51/33.45; support level 33.34/33.34; the width is 160 points. In the event
The M5 and M15 time frames may have more false entry points.
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