signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 85.44/85.92 and upper border is 86.64/85.92. The pattern width is measured on the chart at -120 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 NZDJPY breaches the lower border, the price could continue its move toward 85.77.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Bullish pennant graphic pattern has formed on the EURJPY H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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According to the chart of M30, SILVER formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 36.17
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