signal strength 1 of 5

According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 92.48 - 0.00 and support 92.34 – 92.34. In case the resistance level 92.34 - 92.34 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Rectangle
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- Triple top
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The Double Bottom pattern has been formed on NZDUSD M5. Characteristics: the support level 0.5885; the resistance level 0.5891; the width of the pattern 6 points. If the resistance level
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 GBPCHF M5. Characteristics: the support level 1.0662; the resistance level 1.0700; the width of the pattern 38 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish Flag pattern has been formed on the chart AUDCHF M5 which signals that the downward trend will continue. If the price breaks below the low at 0.5193, then
The M5 and M15 time frames may have more false entry points.
Open chart in a new window