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 93.62/93.57 whereas the lower border goes across 93.54/93.57. The pattern width is measured on the chart at 8 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 93.57 is broken, the price could continue its move toward 93.72.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.6034; the lower boundary 0.6024; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6516; the lower boundary 0.6506; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the GBPAUD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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