signal strength 4 of 5
According to the chart of H1, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5074/0.5182 and upper border is 0.5328/0.5182. The pattern width is measured on the chart at -254 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDCHF breaches the lower border, the price could continue its move toward 0.5142.
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The Double Bottom pattern has been formed on AUDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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According to the chart of M5, EURGBP formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8511 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDJPY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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