signal strength 3 of 5
According to the chart of M30, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.2876/1.2915 whereas the upper border goes across 1.2971/1.2915. 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 GBPUSD will breach the upper border to head for 1.2945.
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According to the chart of M5, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5349, the lower border is 0.5342. The signal means
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart EURCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 2.0788 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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