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According to the chart of M5, #EBAY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 67.70/67.05 whereas the lower border goes across 66.31/67.05. The pattern width is measured on the chart at 139 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 67.05 is broken, the price could continue its move toward 67.20.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.1023; the resistance level 1.1060; the width of the pattern 37 points. If the resistance level
Open chart in a new windowAccording to the chart of M5, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 143.61, the lower border is 143.49. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 166.25, the lower border is 166.09. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new window