signal strength 4 of 5
According to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5423/0.5395 whereas the lower border goes across 0.5355/0.5395. The pattern width is measured on the chart at 68 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5395 is broken, the price could continue its move toward 0.5435.
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- Triple top
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The AUDJPY M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 94.78, the Neckline and the upward angle are at 94.29/94.37. The formation
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 166.92/167.24 whereas the upper border goes across 167.58/167.24
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M30. Characteristics: the support level 1.1001; the resistance level 1.1059; the width of the pattern 58 points. If the resistance level
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