signal strength 1 of 5
According to the chart of M5, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6439 and support 0.6431. In case the resistance level 0.6439 - 0.6439 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on USDCHF M30. It has the following characteristics: resistance level 0.8171/0.8170; support level 0.8155/0.8155; the width is 16 points. In the event
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The Double Top pattern has been formed on GBPUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3493
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6490
The M5 and M15 time frames may have more false entry points.
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