signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8929 - 0.0000 and support 0.8920 – 0.8920. In case the resistance level 0.8920 - 0.8920 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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The GBPUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3573, the Neckline and the upward angle are at 1.3545/1.3551. The formation
The M5 and M15 time frames may have more false entry points.
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According to M15, NZDJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 87.19/87.18 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #PEP M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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