signal strength 1 of 5

According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8899/0.8917 whereas the upper border goes across 0.8935/0.8917. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCAD will breach the upper border to head for 0.8932.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.8877; the lower boundary is 0.8869. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of H1, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.63/194.98 whereas the upper border goes across 195.45/194.98
Open chart in a new windowThe Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new window