signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0508/2.0535 whereas the upper border goes across 2.0555/2.0535. 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 GBPAUD will breach the upper border to head for 2.0550.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Top reversal pattern has been formed on SILVER M15. Characteristics: the upper boundary 30.14; the lower boundary 29.99; the width of the pattern is 140 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 89.54 and support 89.10
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 Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 82.82 and 82.45 are the coordinates
The M5 and M15 time frames may have more false entry points.
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