signal strength 1 of 5
The Triple Top pattern has formed on the chart of the EURCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5436/1.5437 with the upper limit 1.5444/1.5446; the projection of the width is 8 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.5436, the price is most likely to continue the downward movement.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 162.23; the lower boundary 161.48; the width of the pattern 75 points
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6353; the resistance level 0.6366; the width of the pattern 13 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6353
The M5 and M15 time frames may have more false entry points.
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