signal strength 3 of 5

According to the chart of M30, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5593/0.5568 whereas the lower border goes across 0.5548/0.5568. The pattern width is measured on the chart at 45 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5568 is broken, the price could continue its move toward 0.5598.
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According to the chart of M5, AUDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5569, the lower border is 0.5554. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #TSLA M5. Characteristics: the upper boundary 284.12; the lower boundary 276.07; the width of the pattern is 785 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 276.07
The M5 and M15 time frames may have more false entry points.
Open chart in a new window