signal strength 4 of 5
The Double Bottom pattern has been formed on EURUSD H1; the upper boundary is 1.0830; the lower boundary is 1.0778. The width of the pattern is 53 points. In case of a break of the upper boundary 1.0830, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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- AUDCAD
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The Double Bottom pattern has been formed on AUDCAD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6377/0.6386 and upper border is 0.6396/0.6386. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart NZDCAD H1 which signals that the downward trend will continue. If the price breaks below the low at 0.8194, then
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