signal strength 1 of 5
According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.02/92.38 and upper border is 92.67/92.38. The pattern width is measured on the chart at -65 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDJPY breaches the lower border, the price could continue its move toward 92.23.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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The Double Top pattern has been formed on USDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3835
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MCD M15. Characteristics: the support level 305.24; the resistance level 306.70; the width of the pattern 146 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0880; the lower boundary 2.0852; the width of the pattern 28 points
The M5 and M15 time frames may have more false entry points.
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