signal strength 4 of 5
According to the chart of H1, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 91.35 and 90.50 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 85 pips. Outlook: If the upper border 91.35 is broken, the price is likely to continue its move by 91.40.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- EURCAD
- EURCHF
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- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8863
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPUSD M30. Characteristics: the support level 1.3379; the resistance level 1.3420; the width of the pattern 41 points. If the resistance level
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The Triple Top pattern has formed on the chart of the USDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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