signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.1353/1.1399 and upper border is 1.1441/1.1399. The pattern width is measured on the chart at -88 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 EURUSD breaches the lower border, the price could continue its move toward 1.1384.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6422; the resistance level 0.6438; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #NTDOY M5. Characteristics: the support level 21.32; the resistance level 21.55; the width of the pattern 23 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #NTDOY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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