signal strength 1 of 5

According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 93.27 and 92.96 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 31 pips. Outlook: If the upper border 93.27 is broken, the price is likely to continue its move by 93.28.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M5, NZDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6035 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0860; the lower boundary is 2.0850. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPCHF M15; the upper boundary is 1.1091; the lower boundary is 1.1081. The width of the pattern is 10 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window