signal strength 4 of 5
According to the chart of H1, AUDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.6315 while the median line of the Neck is found at 0.6220/0.6291. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of AUDUSD will go towards 0.6355
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According to the chart of M5, SILVER formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 36.27 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 94.07/94.02; support level 93.89/93.89; the width is 18 points. In the event
The M5 and M15 time frames may have more false entry points.
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According to M15, EURNZD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.8889/1.8887 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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