signal strength 1 of 5
The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 184.35 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDJPY M5. Characteristics: the support level 96.51; the resistance level 96.61; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, AUDCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8877 is likely to encourage a continuation
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5224/0.5232 whereas the upper border goes across 0.5240/0.5232
The M5 and M15 time frames may have more false entry points.
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