signal strength 2 of 5
The Bullish pennant graphic pattern has formed on the GBPCHF M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 1.0853.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of H1, NZDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5842 and 0.5701 are the coordinates
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According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3342/1.3372 and upper border is 1.3398/1.3372. The pattern width is measured
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 0.5771 with the upper limit 0.5771/0.5766
The M5 and M15 time frames may have more false entry points.
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