signal strength 1 of 5
According to the chart of M5, USDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 144.19 while the median line of the Neck is found at 143.77/144.02. 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 USDJPY will go towards 144.34
The M5 and M15 time frames may have more false entry points.
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- Triple top
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On the chart of the NZDUSD M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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The technical pattern called Head and Shoulders has appeared on the chart of AUDUSD M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.6510/0.6511 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 198.68 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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