signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 2.0623 is likely to encourage a continuation of the downward trend.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCAD H1. Characteristics: the upper boundary 0.9187; the lower boundary 0.9170; the width of the pattern is 16 points. Sell trades
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPJPY M30. Characteristics: the upper boundary 201.14; the lower boundary 200.86; the width of the pattern is 30 points. Sell trades
Open chart in a new windowThe Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3056
The M5 and M15 time frames may have more false entry points.
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