signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5723 while the median line of the Neck is found at 0.5705/0.5719. 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 NZDUSD will go towards 0.5738
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the EURCHF M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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 Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0508/2.0535 whereas the upper border goes across 2.0555/2.0535
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #MCD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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