signal strength 1 of 5

The Bearish Flag pattern has been formed on the chart AUDCAD M5 which signals that the downward trend will continue. If the price breaks below the low at 0.8881, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).
The M5 and M15 time frames may have more false entry points.
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- Double Top
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 84.21 and 83.88 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4976/0.5167 whereas the upper border goes across 0.5310/0.5167
Open chart in a new windowThe Double Top pattern has been formed on NZDUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5826
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