signal strength 2 of 5
According to the chart of M15, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5545 and support 0.5534. In case the resistance level 0.5545 - 0.5545 is broken, the instrument is likely to follow the bullish trend.
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 Symmetrical Triangle pattern. Description: The lower border is 1.0936/1.0993 and upper border is 1.1046/1.0993. The pattern width is measured
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On the chart of GBPAUD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.1010; the lower boundary 2.0974; the width of the pattern 36 points
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The Double Top pattern has been formed on GBPJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 197.98
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