signal strength 3 of 5
According to the chart of M30, SILVER formed the Inverse Head and Shoulder pattern. The Head’s top is set at 30.37 while the median line of the Neck is found at 29.30/30.05. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of SILVER will go towards 30.40
Vea asimismo
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6523
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The Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 145.27; the lower boundary 144.91; the width of the pattern is 34 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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