signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 2.0844/2.0851 and upper border is 2.0859/2.0851. The pattern width is measured on the chart at -15 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPAUD breaches the lower border, the price could continue its move toward 2.0836.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5; the upper boundary is 2.0542; the lower boundary is 2.0523. The width of the pattern is 18 points. In case
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of NZDUSD M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5943/0.5943 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0736
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