signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0840 and support 2.0774. In case the resistance level 2.0840 - 2.0840 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #PEP
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- AUDCAD
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- EURJPY
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- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Double Top reversal pattern has been formed on AUDUSD M30. Characteristics: the upper boundary 0.6589; the lower boundary 0.6580; the width of the pattern is 8 points. Sell trades
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According to the chart of M15, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 169.76/169.38
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 87.33; the resistance level 87.46; the width of the pattern 13 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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