signal strength 1 of 5
The Bearish pennant pattern has formed on the #INTC M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 19.83 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
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 EURJPY M5. Characteristics: the upper boundary 169.70; the lower boundary 169.55; the width of the pattern is 15 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5200/0.5216 and upper border is 0.5231/0.5216. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.9334; the lower boundary is 1.9307. The width of the pattern is 26 points. In case
The M5 and M15 time frames may have more false entry points.
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