signal strength 1 of 5
According to the chart of M5, AUDUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.6353 while the median line of the Neck is set at 0.6368/0.6369. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDUSD will go towards 0.6384.
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart AUDCHF H1. Forecast: if the price breaks above the pattern high at 0.5342, then
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The Bullish pennant pattern is formed on the AUDCHF H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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According to the chart of M5, EURGBP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8410
The M5 and M15 time frames may have more false entry points.
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