signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 93.62/93.57 whereas the lower border goes across 93.54/93.57. The pattern width is measured on the chart at 8 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 93.57 is broken, the price could continue its move toward 93.72.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
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- USDJPY
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The Double Top reversal pattern has been formed on AUDJPY H1. Characteristics: the upper boundary 93.08; the lower boundary 92.77; the width of the pattern is 34 points. Sell trades
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The Double Bottom pattern has been formed on EURCAD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Double Top reversal pattern has been formed on NZDCHF H1. Characteristics: the upper boundary 0.4945; the lower boundary 0.4933; the width of the pattern is 12 points. Sell trades
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