signal strength 3 of 5
According to the chart of M30, NZDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5955 – 0.5955 and upper border 0.5984 – 0.5984. In case the upper border is broken, the instrument is likely to follow the upward trend.
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- Double Top
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- Rectangle
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- Triple top
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The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8903
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6036 and support 0.6026
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 AUDUSD M15. Characteristics: the upper boundary 0.6519; the lower boundary 0.6508; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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