signal strength 1 of 5
According to the chart of M5, USDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.4338 – 1.4338 and upper border 1.4351 – 1.4351. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- #AAPL
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The Double Top pattern has been formed on USDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3835
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #MCD M15. Characteristics: the support level 305.24; the resistance level 306.70; the width of the pattern 146 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0880; the lower boundary 2.0852; the width of the pattern 28 points
The M5 and M15 time frames may have more false entry points.
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