signal strength 4 of 5
According to the chart of H1, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 92.16/91.74 whereas the lower border goes across 91.21/91.74. The pattern width is measured on the chart at 95 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 91.74 is broken, the price could continue its move toward 92.14.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 162.51 is likely to encourage a continuation
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 EURCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.9353 with the upper limit 0.9353/0.9352
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M15. Characteristics: the support level 0.5860; the resistance level 0.5913; the width of the pattern 53 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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