signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3344 – 1.3344 and upper border 1.3357 – 1.3357. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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- Double Top
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The Bullish pennant signal – Trading instrument #MCD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 314.00, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #FB M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 684.35, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1417
The M5 and M15 time frames may have more false entry points.
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