signal strength 4 of 5
According to the chart of H1, AUDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.6315 while the median line of the Neck is found at 0.6220/0.6291. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of AUDUSD will go towards 0.6355
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3182.64
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument GBPUSD M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.2999, with the prospect
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The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1158
The M5 and M15 time frames may have more false entry points.
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