signal strength 3 of 5
According to the chart of M30, AUDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 92.47 – 92.47 and upper border 92.77 – 92.77. In case the lower border is broken, the instrument is likely to follow the downward trend.
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On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 169.35; the lower boundary 169.15; the width of the pattern 20 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6016
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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