signal strength 2 of 5
According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 94.56/94.47 whereas the lower border goes across 94.41/94.47. The pattern width is measured on the chart at 15 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 94.47 is broken, the price could continue its move toward 94.69.
The M5 and M15 time frames may have more false entry points.
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- Pennant
- Rectangle
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- Triple top
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The Bearish pennant pattern has formed on the AUDUSD 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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The Triple Bottom pattern has formed on the chart of AUDUSD M5. Features of the pattern: The lower line of the pattern has coordinates 0.6554 with the upper limit 0.6554/0.6552
The M5 and M15 time frames may have more false entry points.
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The NZDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5987, the Neckline and the upward angle are at 0.5965/0.5967. The formation
The M5 and M15 time frames may have more false entry points.
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