signal strength 1 of 5
The Double Top reversal pattern has been formed on USDCAD M5. Characteristics: the upper boundary 1.4267; the lower boundary 1.4244; the width of the pattern is 22 points. Sell trades are better to be opened below the lower boundary 1.4244 with a possible movements towards the 1.4229 level.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 93.30 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1499/1.1517 whereas the upper border goes across 1.1529/1.1517
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.3535 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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