signal strength 2 of 5
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 at 84.36/84.56. 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 NZDJPY will go towards 85.00
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 USDCHF M15. There are weighty reasons to suggest that the price will surpass the Neckline 0.8293/0.8295 after
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5304; the resistance level 0.5320; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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