signal strength 4 of 5
According to the chart of H1, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 2.0679 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -241 pips.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- Triple top
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- AUDCAD
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The Double Bottom pattern has been formed on EURNZD M5. 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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The Bearish Flag pattern has been formed on the chart GBPAUD M5 which signals that the downward trend will continue. If the price breaks below the low at 2.0721, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 2.0721; the projection
The M5 and M15 time frames may have more false entry points.
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