signal strength 4 of 5
According to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5355/0.5340 whereas the lower border goes across 0.5326/0.5340. The pattern width is measured on the chart at 29 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5340 is broken, the price could continue its move toward 0.5380.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Bearish pennant pattern has formed on the GBPAUD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 2.0468; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M15; the upper boundary is 0.6010; the lower boundary is 0.6000. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5232 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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