signal strength 1 of 5
According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5327/0.5334 whereas the upper border goes across 0.5339/0.5334. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCHF will breach the upper border to head for 0.5349.
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5232; the lower boundary 0.5227; the width of the pattern 5 points
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M15; the upper boundary is 0.8207; the lower boundary is 0.8197. The width of the pattern is 10 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8197; the resistance level 0.8207; the width of the pattern 10 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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