signal strength 2 of 5
The Bearish pennant pattern has formed on the AUDUSD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.6272; the projection of the flagpole height is equal to 19 pips. In case the price breaks out the pattern’s bottom of 0.6272, the downtrend is expected to continue for further level 0.6249.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3554, the lower border is 1.3537. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.9348; the lower boundary is 1.9334. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M30; the upper boundary is 1.3778; the lower boundary is 1.3724. The width of the pattern is 54 points. In case
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