signal strength 1 of 5
According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.5917 and 1.5872 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 45 pips. Outlook: If the upper border 1.5917 is broken, the price is likely to continue its move by 1.5911.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Bottom pattern has been formed on GBPCHF M5. 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 Bearish pennant pattern has formed on the GBPAUD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 2.0824 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8207 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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