signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 145.16/145.27 and upper border is 145.39/145.27. The pattern width is measured on the chart at -23 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDJPY breaches the lower border, the price could continue its move toward 145.12.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.96; the lower boundary 199.71; the width of the pattern 25 points
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 AUDCAD M15. Characteristics: the upper boundary 0.9000; the lower boundary 0.8980; the width of the pattern is 20 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0785; the resistance level 2.0844; the width of the pattern 59 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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