signal strength 2 of 5
According to the chart of M15, NZDJPY formed the Head and Shoulders pattern. The Head’s top is set at 86.78 while the median line of the Neck is found at 86.32/86.37. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of NZDJPY will go towards 86.14.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.38 is broken through. Recommendations: Place
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The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.38 is broken through. Recommendations: Place
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On the chart of #TSLA M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 311.31; the lower boundary 306.40; the width of the pattern 491 points
The M5 and M15 time frames may have more false entry points.
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