signal strength 1 of 5
The Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 143.53/143.49; support level 143.24/143.25; the width is 29 points. In the event of a breakdown of the resistance level of 143.53, the price is likely to continue an upward movement at least to 143.42.
The M5 and M15 time frames may have more false entry points.
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The NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.4705, the Neckline and the upward angle are at 0.4700/0.4699. The formation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 2.0871 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, GBPCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.0823 is likely to encourage a continuation
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