signal strength 1 of 5

According to the chart of M5, AUDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.9018 – 0.9018 and upper border 0.9030 – 0.9030. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3561/1.3576 and upper border is 1.3590/1.3576. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.99; the lower boundary 87.87; the width of the pattern 12 points
Open chart in a new windowThe Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6025
The M5 and M15 time frames may have more false entry points.
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