signal strength 3 of 5
According to the chart of M30, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.7910 while the median line of the Neck is found at 0.7826/0.7875. 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 NZDCAD will go towards 0.7940
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The Double Bottom pattern has been formed on EURNZD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.42; the lower boundary 193.25; the width of the pattern 17 points
The M5 and M15 time frames may have more false entry points.
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The NZDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.8229, the Neckline and the upward angle are at 0.8221/0.8222. The formation
The M5 and M15 time frames may have more false entry points.
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