signal strength 1 of 5
The Bullish pennant pattern is formed on the NZDJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 87.51, a further uptrend is possible.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3227
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 87.88 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0798 and 1.0754 are the coordinates
The M5 and M15 time frames may have more false entry points.
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