signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 87.81/87.35 whereas the lower border goes across 86.97/87.35. The pattern width is measured on the chart at 84 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 87.35 is broken, the price could continue its move toward 87.50.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Rectangle
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- Triple top
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The Double Top pattern has been formed on NZDUSD D1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5990
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The Double Top pattern has been formed on AUDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6446
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.9180 is breached. Here
The M5 and M15 time frames may have more false entry points.
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