signal strength 1 of 5
The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 163.51; the lower boundary is 163.30. The width of the pattern is 22 points. In case of a break of the upper boundary 163.51, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart EURCAD M5. Forecast: if the price breaks above the pattern high at 1.5611, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURCAD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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