signal strength 1 of 5
On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 149.31; the lower boundary 149.17; the width of the pattern 14 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 149.02 level.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6293; the lower boundary is 0.6280. The width of the pattern is 12 points. In case
The M5 and M15 time frames may have more false entry points.
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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
The M5 and M15 time frames may have more false entry points.
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On the chart of the AUDJPY M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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