signal strength 2 of 5

According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8813/0.8844 whereas the upper border goes across 0.8874/0.8844. 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 AUDCAD will breach the upper border to head for 0.8867.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M30. Characteristics: the support level 0.5916; the resistance level 0.5929; the width of the pattern 13 points. If the resistance level
Open chart in a new windowThe Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 92.08; the resistance level 92.42; the width of the pattern 34 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURJPY M5. Characteristics: the support level 161.78; the resistance level 161.98; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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