signal strength 1 of 5

According to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0644 while the median line of the Neck is found at 2.0617/2.0613. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPAUD will go towards 2.0598.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURGBP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8725; the lower boundary 0.8715; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6565; the lower boundary is 0.6559. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Top pattern has formed on the chart of the USDJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -5, support level -14
The M5 and M15 time frames may have more false entry points.
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