signal strength 3 of 5
The Double Bottom pattern has been formed on AUDCHF M30; the upper boundary is 0.5235; the lower boundary is 0.5139. The width of the pattern is 97 points. In case of a break of the upper boundary 0.5235, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5208 and 0.5195 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.3121 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 NZDUSD 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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