signal strength 1 of 5
According to the chart of M5, SILVER formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 33.52 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -109 pips.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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- AUDCAD
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- EURRUB
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The Double Top pattern has been formed on EURNZD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9825
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The Double Bottom pattern has been formed on AUDCHF M30; the upper boundary is 0.5071; the lower boundary is 0.5001. The width of the pattern is 72 points. In case
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On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5746; the lower boundary 1.5712; the width of the pattern 34 points
The M5 and M15 time frames may have more false entry points.
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