signal strength 1 of 5

According to the chart of M5, GBPJPY formed the Head and Shoulders pattern. The Head’s top is set at 195.33 while the median line of the Neck is found at 195.07/195.09. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPJPY will go towards 194.94.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6036 and support 0.6004
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4843; the lower boundary is 0.4835. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish Flag pattern has been formed on the chart #KO M5 which signals that the upward trend will continue. Signals: а break of the peak at 70.29 may push
The M5 and M15 time frames may have more false entry points.
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