signal strength 1 of 5
The GBPJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 189.39, the Neckline and the upward angle are at 188.41/188.34. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GBPJPY will go towards 188.19.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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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 0.6575
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On the chart of GBPCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0744; the lower boundary 1.0739; the width of the pattern 5 points
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 AUDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -3
The M5 and M15 time frames may have more false entry points.
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