signal strength 2 of 5

According to the chart of M15, EURGBP formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8533, the lower border is 0.8519. The signal means that a short position should be opened after fixing a price below the lower border 0.8519 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0933; the lower boundary 1.0915; the width of the pattern 18 points
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 NZDCAD M5; the upper boundary is 0.8217; the lower boundary is 0.8213. The width of the pattern is 4 points. In case
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 GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0916
The M5 and M15 time frames may have more false entry points.
Open chart in a new window