signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8838/0.8828 whereas the lower border goes across 0.8815/0.8828. The pattern width is measured on the chart at 23 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8828 is broken, the price could continue its move toward 0.8843.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6464; the resistance level 0.6474; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on #PEP M15. Characteristics: the upper boundary 143.12; the lower boundary 141.40; the width of the pattern is 179 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDCAD M5. It has the following characteristics: resistance level 0.9141/0.9140; support level 0.9133/0.9129; the width is 8 points. In the event
The M5 and M15 time frames may have more false entry points.
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