signal strength 3 of 5
According to the chart of M30, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5593/0.5568 whereas the lower border goes across 0.5548/0.5568. The pattern width is measured on the chart at 45 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5568 is broken, the price could continue its move toward 0.5598.
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The Double Bottom pattern has been formed on GBPUSD M15. Characteristics: the support level 1.3136; the resistance level 1.3160; the width of the pattern 24 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of GBPCHF M5. Features of the pattern: The lower line of the pattern has coordinates 1.0437 with the upper limit 1.0437/1.0425
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDUSD M30. Characteristics: the support level 0.6524; the resistance level 0.6535; the width of the pattern 11 points. If the resistance level
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