signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 95.31/95.26 whereas the lower border goes across 95.21/95.26. The pattern width is measured on the chart at 10 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 95.26 is broken, the price could continue its move toward 95.41.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- GBPAUD
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The Triple Bottom pattern has formed on the chart of the GBPAUD H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0756; the lower boundary is 2.0738. The width of the pattern is 20 points. In case
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The Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5860/0.5857; support level 0.5853/0.5854; the width is 7 points. In the event
The M5 and M15 time frames may have more false entry points.
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