signal strength 3 of 5
According to the chart of M30, SILVER formed the Inverse Head and Shoulder pattern. The Head’s top is set at 30.37 while the median line of the Neck is found at 29.30/30.05. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of SILVER will go towards 30.40
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On the chart of GBPJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 198.94; the lower boundary 198.24; the width of the pattern 70 points
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 198.93; the lower boundary 198.81; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPUSD M15; the upper boundary is 1.3489; the lower boundary is 1.3449. The width of the pattern is 42 points. In case
The M5 and M15 time frames may have more false entry points.
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