signal strength 2 of 5

According to the chart of M15, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6516 and support 0.6487. In case the resistance level 0.6516 - 0.6516 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M15, AUDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8974 while the median line of the Neck is found
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 NZDUSD M15. 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.
Open chart in a new windowThe Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5254/0.5251; support level 0.5240/0.5241; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
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