signal strength 2 of 5
According to the chart of M15, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9539 – 0.9539 and upper border 0.9558 – 0.9558. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Rectangle
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- Triple top
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The Double Top reversal pattern has been formed on EURJPY M15. Characteristics: the upper boundary 162.38; the lower boundary 162.20; the width of the pattern is 20 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9535/0.9531
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDCAD M15. Characteristics: the upper boundary 0.8209; the lower boundary 0.8166; the width of the pattern is 43 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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