signal strength 2 of 5

According to the chart of M15, SILVER formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 36.38 - 0.00 and support 36.17 – 36.17. In case the resistance level 36.17 - 36.17 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.6451/0.6469 whereas the upper border goes across 0.6490/0.6469
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 195.00
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPUSD M15; the upper boundary is 1.3280; the lower boundary is 1.3271. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window