signal strength 1 of 5
According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6378/0.6392 and upper border is 0.6405/0.6392. The pattern width is measured on the chart at -27 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 AUDUSD breaches the lower border, the price could continue its move toward 0.6377.
The M5 and M15 time frames may have more false entry points.
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On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 36.64; the lower boundary 36.48; the width of the pattern 155 points
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5251; the lower boundary 0.5243; the width of the pattern 8 points
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8014; the lower boundary 0.8007; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
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