signal strength 1 of 5
The Bullish Flag pattern has been formed on AUDCAD at M5. The lower boundary of the pattern is located at 0.8976/0.8972, while the higher boundary lies at 0.8982/0.8978. The projection of the flagpole is 21 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.8982 is broken, the price will move further upwards.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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- Double Top
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- Pennant
- Rectangle
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- EURNZD
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The Bullish pennant pattern is formed on the USDCHF M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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According to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3429 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1510, the lower border is 1.1497. The signal means
The M5 and M15 time frames may have more false entry points.
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