signal strength 4 of 5

According to the chart of H1, AUDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 91.35 and 90.50 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 85 pips. Outlook: If the upper border 91.35 is broken, the price is likely to continue its move by 91.40.
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 AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 92.85
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURGBP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8409
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 144.12 and support 143.84
The M5 and M15 time frames may have more false entry points.
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