signal strength 1 of 5
According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4794 and 0.4783 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 11 pips. Outlook: If the upper border 0.4794 is broken, the price is likely to continue its move by 0.4804.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Top reversal pattern has been formed on AUDJPY H1. Characteristics: the upper boundary 100.84; the lower boundary 100.39; the width of the pattern is 50 points. Sell trades
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The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6569
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0266; the lower boundary is 2.0243. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
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