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FX.co ★ AUDCHF H1: Bearish Symmetrical Triangle

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Technical Analysis Patterns

2024-05-03T11:12:28
Signal strength 4 of 5

AUDCHF H1: Bearish Symmetrical Triangle

Bearish Symmetrical TriangleAccording to the chart of H1, AUDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5929 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -83 pips.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by AUDCHF