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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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 85.07; the lower boundary 84.95; the width of the pattern 12 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8257 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPAUD H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -13, support level -1
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