signal strength 1 of 5
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 94.69 and support 94.62. In case the resistance level 94.69 - 94.69 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5069; the resistance level 0.5174; the width of the pattern 105 points. If the resistance level
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The EURCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.5734, the Neckline and the upward angle are at 1.5652/1.5644. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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