signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 90.17 - 0.00 and support 90.06 – 90.06. In case the resistance level 90.06 - 90.06 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Double Top pattern has been formed on AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 92.57
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 EURCAD 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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The Double Top reversal pattern has been formed on GBPJPY D1. Characteristics: the upper boundary 196.38; the lower boundary 191.87; the width of the pattern is 441 points. Sell trades
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