signal strength 1 of 5
According to the chart of M5, AUDUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.6402 while the median line of the Neck is set at 0.6415/0.6416. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of AUDUSD will go towards 0.6431.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3248.03/3229.49
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on GBPJPY M5. It has the following characteristics: resistance level 193.74/193.67; support level 193.54/193.55; the width is 20 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 162.89; the lower boundary is 162.81. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
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