Bearish pennant
was formed on 14.04 at 20:46:59 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the EURJPY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 162.05; the projection of the flagpole height is equal to 88 pips. In case the price breaks out the pattern’s bottom of 162.05, the downtrend is expected to continue for further level 161.75.

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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 21.05 at 06:56:25 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3892; the lower boundary is 1.3885. The width of the pattern is 7 points. In case

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

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Double Bottom
was formed on 21.05 at 06:45:15 (UTC+0)
signal strength 2 of 5

The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 193.44; the lower boundary is 193.02. The width of the pattern is 39 points. In case

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

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Bearish Symmetrical Triangle
was formed on 21.05 at 06:17:36 (UTC+0)
signal strength 3 of 5

According to the chart of M30, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.44/92.66 and upper border is 92.96/92.66. The pattern width is measured

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