signal strength 4 of 5
According to the chart of H1, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5074/0.5182 and upper border is 0.5328/0.5182. The pattern width is measured on the chart at -254 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 AUDCHF breaches the lower border, the price could continue its move toward 0.5142.
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The Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 148.04/148.00; support level 147.78/147.74; the width is 26 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 164.27; the lower boundary is 164.16. The width of the pattern is 12 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4931
The M5 and M15 time frames may have more false entry points.
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