signal strength 1 of 5
According to the chart of M5, AUDCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5185, the lower border is 0.5164. The signal means that a long position should be opened above the upper border 0.5185 of the Bullish Rectangle.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on USDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 143.02
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3823/1.3832 whereas the upper border goes across 1.3842/1.3832
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of EURUSD M5. Features of the pattern: The lower line of the pattern has coordinates 1.1379 with the upper limit 1.1379/1.1369
The M5 and M15 time frames may have more false entry points.
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