signal strength 4 of 5
According to the chart of H1, AUDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.6315 while the median line of the Neck is found at 0.6220/0.6291. 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 AUDUSD will go towards 0.6355
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- Triple top
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The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.5950; the lower boundary is 0.5939. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on GBPCHF H1. It has the following characteristics: resistance level 1.0997/1.0988; support level 1.0919/1.0919; the width is 78 points. In the event
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The Triple Bottom pattern has formed on the chart of USDJPY H1. Features of the pattern: The lower line of the pattern has coordinates 145.09 with the upper limit 145.09/144.24
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