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.
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.3389; the lower boundary is 1.3369. The width of the pattern is 21 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8083/0.8098 whereas the upper border goes across 0.8116/0.8098
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8276
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