signal strength 1 of 5

According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5177 and support 0.5149. In case the resistance level 0.5177 - 0.5177 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M15, USDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 143.17 while the median line of the Neck is found
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 NZDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8115
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 NZDCHF M5. Characteristics: the upper boundary 0.4809; the lower boundary 0.4795; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window