signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0988/2.0939 whereas the lower border goes across 2.0903/2.0939. The pattern width is measured on the chart at 85 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0939 is broken, the price could continue its move toward 2.0954.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0852; the lower boundary is 2.0820. The width of the pattern is 34 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5576 is breached. Here
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 94.05; the lower boundary 93.90; the width of the pattern 15 points
The M5 and M15 time frames may have more false entry points.
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