signal strength 1 of 5
According to the chart of M5, AUDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.6366 while the median line of the Neck is found at 0.6353/0.6360. 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 AUDUSD will go towards 0.6381
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8885; the lower boundary 0.8875; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the USDJPY H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 143.34; the projection
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According to the chart of M15, EURUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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