Patterns

  • EURUSD
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  • USDJPY
  • EURGBP
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  • AUDNZD
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  • AUDJPY
  • EURNZD
  • EURCAD
  • EURCHF
  • NZDJPY
  • GBPAUD
  • GBPCAD
  • GBPCHF
  • GBPNZD
  • NZDCAD
  • NZDCHF
  • CHFJPY
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There are no Live patterns right now

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There are no Live patterns right now

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There are no Live patterns right now

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GBPJPY
GBPJPY May fall 15 - 25 pips
Bearish Closed

2023-06-06 18:05:00

A Price Action Channel Up pattern formation on the 5 Min time frame chart supports GBPJPY Bearish bias. A break of 173.426 will support the fall towards the target of 173.276 the break of 173.276 would push the price to 173.176.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 173.434
  • Support S1: 173.412, S2: 173.368 , S3: 173.346
  • Resistance R1: 173.478 , R2: 173.500 , R3: 173.544
  • Age 50 Bars
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Channel Up

The channel up patterns are short-term bullish in that a price moves higher within an ascending channel, but these patterns often form within longer-term downtrends as continuation patterns. An upside break is bullish, while a downside break is bearish