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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The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8935; the resistance level 0.8953; 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 Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.47; the projection
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart GBPCHF H1. Forecast: if the price breaks above the pattern high at 1.0785, then
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