signal strength 1 of 5

According to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0869 while the median line of the Neck is found at 2.0832/2.0830. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPAUD will go towards 2.0815.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 2.0792/2.0837 whereas the upper border goes across 2.0897/2.0837
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.5871; the lower boundary 0.5854; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on GBPUSD M15. Characteristics: the upper boundary 1.3543; the lower boundary 1.3520; the width of the pattern is 23 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new window