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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8365/0.8361 whereas the lower border goes across 0.8355/0.8361. The pattern width is measured on the chart at 10 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8361 is broken, the price could continue its move toward 0.8376.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6574/0.6570
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the GBPJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant graphic pattern has formed on the NZDCHF H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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