signal strength 1 of 5
According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6550/0.6538 whereas the lower border goes across 0.6525/0.6538. The pattern width is measured on the chart at 25 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6538 is broken, the price could continue its move toward 0.6553.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.6550 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.3542 with the upper limit 1.3542/1.3511
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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