signal strength 1 of 5

The technical pattern called Head and Shoulders has appeared on the chart of AUDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 96.50/96.53 after the right shoulder has been formed. So, the trend is set to change with the price heading for 96.38.
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 AUDUSD M5. Characteristics: the upper boundary 0.6532; the lower boundary 0.6526; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 199.34; the lower boundary is 199.19. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCHF M30; the upper boundary is 0.4706; the lower boundary is 0.4700. The width of the pattern is 6 points. In case
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