signal strength 2 of 5
According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8813/0.8844 whereas the upper border goes across 0.8874/0.8844. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCAD will breach the upper border to head for 0.8867.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3285, the lower border is 1.3259. The signal means
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart NZDJPY H1. Forecast: if the price breaks above the pattern high at 85.94, then
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According to the chart of M5, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3285 - 0.0000
The M5 and M15 time frames may have more false entry points.
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