signal strength 1 of 5
The Double Bottom pattern has been formed on EURNZD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.9129 is broken. The further movements will rely on the width of the current pattern 79 points.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCAD M15; the upper boundary is 1.5650; the lower boundary is 1.5617. The width of the pattern is 32 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 EURCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.9394/0.9395 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8218/0.8225 whereas the upper border goes across 0.8232/0.8225
The M5 and M15 time frames may have more false entry points.
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