signal strength 1 of 5
The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1415; the resistance level 1.1426; the width of the pattern 11 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 10 points.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.99 - 0.00
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0901 and support 2.0883
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.0896; the lower boundary 1.0882; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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