signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3558 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -21 pips.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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- AUDCAD
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According to the chart of M5, GBPAUD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 2.0154 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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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 0.9101
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 GBPJPY M5. Characteristics: the upper boundary 202.58; the lower boundary 202.45; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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