signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.7878 while the median line of the Neck is found at 0.7826/0.7858. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDCAD will go towards 0.7893
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, SILVER formed the Head and Shoulders pattern. The Head’s top is set at 33.17 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4931 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4947; the lower boundary is 0.4941. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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