signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.69 and support 94.62. In case the resistance level 94.69 - 94.69 is broken, the instrument is likely to follow the bullish trend.
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 M5; the upper boundary is 0.5947; the lower boundary is 0.5942. The width of the pattern is 5 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6523
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The Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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