signal strength 1 of 5
The technical pattern called Head and Shoulders has appeared on the chart of EURNZD M5. There are weighty reasons to suggest that the price will surpass the Neckline 1.9318/1.9321 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.9306.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5876
The M5 and M15 time frames may have more false entry points.
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The GBPUSD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3549, the Neckline and the upward angle are at 1.3522/1.3522. The formation
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According to the chart of M5, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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