signal strength 1 of 5
The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6490 is broken, the downward movement will continue.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- EURRUB
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- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 197.87 is breached. Here
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 GBPJPY M5. Features of the pattern: The lower line of the pattern has coordinates 198.20 with the upper limit 198.20/198.11
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 GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0923 with the upper limit 2.0923/2.0917
The M5 and M15 time frames may have more false entry points.
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