signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5723 while the median line of the Neck is found at 0.5705/0.5719. 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 NZDUSD will go towards 0.5738
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURUSD M30. Characteristics: the support level 1.1355; the resistance level 1.1399; the width of the pattern 44 points. If the resistance level
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The Double Bottom pattern has been formed on EURUSD M15. Characteristics: the support level 1.1355; the resistance level 1.1399; the width of the pattern 44 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of NZDUSD M5. Features of the pattern: The lower line of the pattern has coordinates 0.5925 with the upper limit 0.5925/0.5919
The M5 and M15 time frames may have more false entry points.
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