Bearish pennant
was formed on 07.04 at 16:04:58 (UTC+0)
signal strength 1 of 5

The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 466.76; the projection of the flagpole height is equal to 3098 pips. In case the price breaks out the pattern’s bottom of 466.76, the downtrend is expected to continue for further level 466.61.

The M5 and M15 time frames may have more false entry points.

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Figure

Instrument

All
Bearish Rectangle
Bearish Symmetrical Triangle
Bearish Symmetrical Triangle
Bullish Rectangle
Double Top
Double Top
Triple Bottom
Triple Bottom
Triple Top
Triple Top

Timeframe

Trend

All
Buy
Sale

Signal Strength

Double Bottom
was formed on 29.05 at 17:49:58 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 144.17; the resistance level 144.47; the width of the pattern 30 points. If the resistance level

The M5 and M15 time frames may have more false entry points.

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Bearish Rectangle
was formed on 29.05 at 17:25:08 (UTC+0)
signal strength 1 of 5

According to the chart of M5, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 86.13

The M5 and M15 time frames may have more false entry points.

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Double Bottom
was formed on 29.05 at 16:50:04 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on NZDJPY M5. 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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