signal strength 1 of 5
According to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8148 while the median line of the Neck is found at 0.8120/0.8140. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of USDCHF will go towards 0.8163
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 164.71, the lower border is 164.55. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8401 and 0.8377 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 164.71; the lower boundary is 164.55. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
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