signal strength 4 of 5
On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 200.13; the lower boundary 198.57; the width of the pattern 156 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 198.17 level.
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- Triple top
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The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8978
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8985/0.8977
The M5 and M15 time frames may have more false entry points.
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