signal strength 1 of 5
According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3561/1.3576 and upper border is 1.3590/1.3576. The pattern width is measured on the chart at -29 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCAD breaches the lower border, the price could continue its move toward 1.3561.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3524 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 2.0808 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M30; the upper boundary is 0.5251; the lower boundary is 0.5241. The width of the pattern is 11 points. In case
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