signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0869 while the median line of the Neck is found at 2.0832/2.0830. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPAUD will go towards 2.0815.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of AUDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 92.52 with the upper limit 92.52/92.42
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 M5; the upper boundary is 92.52; the lower boundary is 92.33. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURJPY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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