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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8896/0.8876 whereas the lower border goes across 0.8859/0.8876. The pattern width is measured on the chart at 37 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8876 is broken, the price could continue its move toward 0.8891.
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURNZD 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 Bullish pennant graphic pattern has formed on the #MSFT M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1242; the resistance level 1.1253; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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