signal strength 1 of 5

According to the chart of M5, AUDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5515 – 0.5515 and upper border 0.5522 – 0.5522. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.85
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 EURCHF M5. Characteristics: the support level 0.9296; the resistance level 0.9336; the width of the pattern 40 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of AUDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.5232 with the upper limit 0.5232/0.5218
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