signal strength 2 of 5
According to the chart of M15, NZDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8172 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -37 pips.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of M15, NZDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 84.77 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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The Double Bottom pattern has been formed on GBPJPY M30; the upper boundary is 193.24; the lower boundary is 192.29. The width of the pattern is 96 points. In case
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The Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5513/0.5493; support level 0.5486/0.5480; the width is 27 points. In the event
The M5 and M15 time frames may have more false entry points.
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