signal strength 1 of 5

The Double Bottom pattern has been formed on AUDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 92.47 is broken. The further movements will rely on the width of the current pattern 49 points.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of M15, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 87.23, the lower border is 87.02. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
Open chart in a new windowAccording to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5355/0.5340
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