signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.8711 – 0.8711 and upper border 0.8741 – 0.8741. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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According to the chart of M15, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1155 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 Bottom pattern has been formed on EURJPY M15. Characteristics: the support level 164.10; the resistance level 164.30; the width of the pattern 20 points. If the resistance level
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 SILVER M5. Characteristics: the upper boundary 33.02; the lower boundary 32.97; the width of the pattern is 55 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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