signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.8947 is broken. The further movements will rely on the width of the current pattern 13 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 92.61 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M15. Characteristics: the support level 193.47; the resistance level 193.69; the width of the pattern 22 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURGBP formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8436 and support 0.8424
The M5 and M15 time frames may have more false entry points.
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