signal strength 3 of 5

According to the chart of M30, EURUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.1580 – 1.1580 and upper border 1.1622 – 1.1622. In case the upper border is broken, the instrument is likely to follow the upward trend.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M5, NZDCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8127 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.6451/0.6469 whereas the upper border goes across 0.6490/0.6469
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 GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 195.00
The M5 and M15 time frames may have more false entry points.
Open chart in a new window