signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.02/92.38 and upper border is 92.67/92.38. The pattern width is measured on the chart at -65 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDJPY breaches the lower border, the price could continue its move toward 92.23.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, AUDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6520, the lower border is 0.6487. The signal means
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The Double Bottom pattern has been formed on AUDJPY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 93.91; the resistance level 94.02; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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