signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Head and Shoulders pattern. The Head’s top is set at 86.21 while the median line of the Neck is found at 86.02/86.03. 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 85.88.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0542; the lower boundary is 2.0523. The width of the pattern is 18 points. In case
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of NZDUSD M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5943/0.5943 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0736
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