signal strength 1 of 5
The Bearish pennant pattern has formed on the #INTC M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.10 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- EURCAD
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- EURNZD
- EURRUB
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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
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- SILVER
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According to M5, SILVER is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 32.94/32.90 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1083 and 1.0999 are the coordinates
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.1023; the lower boundary is 2.0858. The width of the pattern is 166 points. In case
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