signal strength 1 of 5
According to the chart of M5, USDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 154.30 while the median line of the Neck is set at 154.70/154.64. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of USDJPY will go towards 154.79.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8158; the resistance level 0.8182; the width of the pattern 24 points. If the resistance level
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According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3524 is breached. Here
The M5 and M15 time frames may have more false entry points.
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