signal strength 1 of 5
According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5653/1.5671 whereas the upper border goes across 1.5687/1.5671. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURCAD will breach the upper border to head for 1.5686.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3591 and support 1.3576
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3589; the lower boundary 1.3576; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURUSD M15. Characteristics: the upper boundary 1.1586; the lower boundary 1.1576; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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