signal strength 2 of 5
The Bearish pennant pattern has formed on the AUDCAD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8896; the projection of the flagpole height is equal to 47 pips. In case the price breaks out the pattern’s bottom of 0.8896, the downtrend is expected to continue for further level 0.8874.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY 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.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 166.67 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.1474
The M5 and M15 time frames may have more false entry points.
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