signal strength 1 of 5
According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6378/0.6392 and upper border is 0.6405/0.6392. The pattern width is measured on the chart at -27 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 AUDUSD breaches the lower border, the price could continue its move toward 0.6377.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
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The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 111951.72; the lower boundary 111327.72; the width of the pattern is 59233 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #AAPL formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of NZDCAD M5. Features of the pattern: The lower line of the pattern has coordinates 0.8185 with the upper limit 0.8185/0.8179
The M5 and M15 time frames may have more false entry points.
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