signal strength 3 of 5
According to the chart of M30, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5423/0.5395 whereas the lower border goes across 0.5355/0.5395. The pattern width is measured on the chart at 68 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5395 is broken, the price could continue its move toward 0.5425.
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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On the chart of USDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 145.77; the lower boundary 145.36; the width of the pattern 41 points
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The Bearish pennant pattern has formed on the EURCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.5727; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on SILVER M30. Characteristics: the support level 36.20; the resistance level 36.38; the width of the pattern 190 points. If the resistance level
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