signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0468 - 0.0000 and support 2.0449 – 2.0449. In case the resistance level 2.0449 - 2.0449 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M15. 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.
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The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8219; the resistance level 0.8236; the width of the pattern 17 points. If the resistance level
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The Double Top pattern has been formed on GBPAUD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 2.0823
The M5 and M15 time frames may have more false entry points.
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