signal strength 1 of 5

According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 87.81/87.35 whereas the lower border goes across 86.97/87.35. The pattern width is measured on the chart at 84 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 87.35 is broken, the price could continue its move toward 87.50.
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDJPY D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 97.23; the lower boundary 95.57; the width of the pattern 166 points
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD D1. Characteristics: the support level 2.0437; the resistance level 2.0741; the width of the pattern 304 points. If the resistance level
Open chart in a new windowThe Double Top pattern has been formed on NZDJPY D1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.40
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