signal strength 4 of 5
According to the chart of H1, GBPAUD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0927, the lower border is 2.0711. The signal means that a short position should be opened after fixing a price below the lower border 2.0711 of the Bearish Rectangle.
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The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5343; the resistance level 0.5362; the width of the pattern 19 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the GBPUSD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD 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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