signal strength 1 of 5
According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9519/0.9526 and upper border is 0.9534/0.9526. The pattern width is measured on the chart at -15 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURCHF breaches the lower border, the price could continue its move toward 0.9511.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
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- EURUSD
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- GBPCHF
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- GBPUSD
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The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 197.33; the lower boundary 197.06; the width of the pattern is 28 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.6487 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURGBP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8518
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