signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0619/2.0611 whereas the lower border goes across 2.0603/2.0611. The pattern width is measured on the chart at 16 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0611 is broken, the price could continue its move toward 2.0626.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 84.40 and support 84.26
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.9305 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6378/0.6392 and upper border is 0.6405/0.6392. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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