signal strength 1 of 5
The Triple Top pattern has formed on the chart of the AUDUSD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.6317/0.6319 with the upper limit 0.6323/0.6326; the projection of the width is 6 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 0.6317, 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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- AUDCAD
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The Double Bottom pattern has been formed on EURCAD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Triple Bottom pattern has been formed on AUDCAD H1. It has the following characteristics: resistance level 0.8692/0.8549; support level 0.8454/0.8496; the width is 238 points. In the event
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According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 29.97/30.05 whereas the upper border goes across 30.14/30.05
The M5 and M15 time frames may have more false entry points.
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