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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 0.6295/0.6288 whereas the lower border goes across 0.6279/0.6288. The pattern width is measured on the chart at 16 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6288 is broken, the price could continue its move toward 0.6303.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4734 - 0.0000
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9219
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on USDCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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