signal strength 1 of 5
According to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8148 while the median line of the Neck is found at 0.8120/0.8140. 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 USDCHF will go towards 0.8163
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Bullish pennant pattern is formed on the #NTDOY M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #NTDOY M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 20.10, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #MA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 534.63
The M5 and M15 time frames may have more false entry points.
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