signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5; the upper boundary is 149.95; the lower boundary is 149.85. The width of the pattern is 10 points. In case of a break of the upper boundary 149.95, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8907; the lower boundary 0.8900; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8879/0.8896 whereas the upper border goes across 0.8909/0.8896
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPJPY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 194.35; the projection
The M5 and M15 time frames may have more false entry points.
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