signal strength 3 of 5
According to the chart of M30, AUDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8920/0.8945 and upper border is 0.8975/0.8945. The pattern width is measured on the chart at -55 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDCAD breaches the lower border, the price could continue its move toward 0.8915.
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- Double Top
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- AUDCAD
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- EURCAD
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- EURGBP
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- EURNZD
- EURRUB
- EURUSD
- GBPAUD
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1412; the lower boundary 1.1373; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart EURGBP M5. Forecast: if the price breaks above the pattern high at 0.8461, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURGBP M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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