signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0988/2.0939 whereas the lower border goes across 2.0903/2.0939. The pattern width is measured on the chart at 85 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0939 is broken, the price could continue its move toward 2.0954.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
- AUDCHF
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- EURCAD
- EURCHF
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 194.78; the resistance level 194.96; the width of the pattern 18 points. If the resistance level
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 M5; the upper boundary is 1.1120; the lower boundary is 1.1113. The width of the pattern is 7 points. In case
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 NZDJPY M30. Characteristics: the upper boundary 86.98; the lower boundary 86.53; the width of the pattern is 47 points. Sell trades
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