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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 72.94/72.51 whereas the lower border goes across 72.10/72.51. The pattern width is measured on the chart at 84 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 72.51 is broken, the price could continue its move toward 72.66.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 94.36; the resistance level 94.47; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCAD M5; the upper boundary is 0.8272; the lower boundary is 0.8267. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.1017 and support 2.0993
The M5 and M15 time frames may have more false entry points.
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