signal strength 1 of 5

According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0704/2.0775 whereas the upper border goes across 2.0831/2.0775. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPAUD will breach the upper border to head for 2.0790.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5252; the lower boundary 0.5243; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the AUDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, USDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8020, the lower border is 0.7977. The signal means
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