signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 162.14/161.98 whereas the lower border goes across 161.82/161.98. The pattern width is measured on the chart at 32 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 161.98 is broken, the price could continue its move toward 162.13.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M30. Characteristics: the support level 0.9333; the resistance level 0.9352; the width of the pattern 19 points. If the resistance level
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The Double Bottom pattern has been formed on USDCHF M30. Characteristics: the support level 0.8327; the resistance level 0.8347; the width of the pattern 20 points. If the resistance level
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The Double Bottom pattern has been formed on USDJPY M30; the upper boundary is 145.47; the lower boundary is 144.94. The width of the pattern is 49 points. In case
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