signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.0766 – 1.0766 and upper border 1.0777 – 1.0777. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M15, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6377/0.6386 and upper border is 0.6396/0.6386. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart NZDCAD H1 which signals that the downward trend will continue. If the price breaks below the low at 0.8194, then
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The Bearish pennant pattern has formed on the NZDCAD H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8194 is broken through. Recommendations: Place
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