signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.02/92.38 and upper border is 92.67/92.38. The pattern width is measured on the chart at -65 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDJPY breaches the lower border, the price could continue its move toward 92.23.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on EURNZD M15. It has the following characteristics: resistance level 1.9498/1.9463; support level 1.9409/1.9402; the width is 89 points. In the event
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 Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0704/2.0775 whereas the upper border goes across 2.0831/2.0775
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 NZDJPY M15. Characteristics: the upper boundary 84.03; the lower boundary 83.61; the width of the pattern is 39 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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