signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 90.60 is likely to encourage a continuation of the downward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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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 0.6487
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDUSD M5. Characteristics: the upper boundary 0.6004; the lower boundary 0.5995; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #FB M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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