signal strength 2 of 5
The Bearish pennant pattern has formed on the AUDUSD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.6272; the projection of the flagpole height is equal to 19 pips. In case the price breaks out the pattern’s bottom of 0.6272, the downtrend is expected to continue for further level 0.6249.
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 M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 160.00 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4696; the lower boundary is 0.4678. The width of the pattern is 19 points. In case
The M5 and M15 time frames may have more false entry points.
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