signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8838/0.8828 whereas the lower border goes across 0.8815/0.8828. The pattern width is measured on the chart at 23 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8828 is broken, the price could continue its move toward 0.8843.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- #AAPL
- #AMZN
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- AUDCAD
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- EURCAD
- EURCHF
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- EURNZD
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- GBPAUD
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- GBPUSD
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The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6494
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #AMZN M5. Characteristics: the support level 185.31; the resistance level 185.86; the width of the pattern 55 points. If the resistance level
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 Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 162.08 and 161.78 are the coordinates
The M5 and M15 time frames may have more false entry points.
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