signal strength 2 of 5
According to the chart of M15, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6468/0.6499 and upper border is 0.6523/0.6499. The pattern width is measured on the chart at -55 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDUSD breaches the lower border, the price could continue its move toward 0.6477.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on #TSLA M5. It has the following characteristics: resistance level 342.09/341.55; support level 338.30/339.14; the width is 379 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #TSLA M5. Characteristics: the support level 339.01; the resistance level 341.55; the width of the pattern 254 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5976, the lower border is 0.5969. The signal means
The M5 and M15 time frames may have more false entry points.
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