signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3023 and 1.2951 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 72 pips. Outlook: If the upper border 1.3023 is broken, the price is likely to continue its move by 1.2998.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M30, EURCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.5802/1.5739
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 163.45
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the AUDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -21
The M5 and M15 time frames may have more false entry points.
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