signal strength 1 of 5
According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5250/0.5243 whereas the lower border goes across 0.5236/0.5243. The pattern width is measured on the chart at 14 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5243 is broken, the price could continue its move toward 0.5258.
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 GBPCHF M30. Characteristics: the upper boundary 1.0839; the lower boundary 1.0816; the width of the pattern is 24 points. Sell trades
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The Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 198.25; the resistance level 198.50; the width of the pattern 25 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5874
The M5 and M15 time frames may have more false entry points.
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