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Double Bottom
was formed on 28.04 at 06:30:41 (UTC+0)
signal strength 3 of 5

Double Bottom AUDUSD M30

The Double Bottom pattern has been formed on AUDUSD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.6407 is broken. The further movements will rely on the width of the current pattern 32 points.

Figure
  • All
Instrument
  • All
  • Bearish Rectangle
  • Bearish Symmetrical Triangle
  • Bearish Symmetrical Triangle
  • Bullish Rectangle
  • Double Top
  • Double Top
  • Triple Bottom
  • Triple Bottom
  • Triple Top
  • Triple Top
Timeframe
  • All
Trend
  • All
  • Buy
  • Sale
Signal Strength
  • All
  • 1
  • 2
  • 3
  • 4
  • 5

Bullish Rectangle
was formed on 07.05 at 09:17:35 (UTC+0)
signal strength 2 of 5

Bullish Rectangle USDCAD M15

According to the chart of M15, USDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3797 and support 1.3784

The M5 and M15 time frames may have more false entry points.

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Inverse Head and Shoulder
was formed on 07.05 at 08:45:12 (UTC+0)
signal strength 1 of 5

Inverse Head and Shoulder AUDCAD M5

According to the chart of M5, AUDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8931 while the median line of the Neck

The M5 and M15 time frames may have more false entry points.

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Bearish Rectangle
was formed on 07.05 at 08:33:23 (UTC+0)
signal strength 1 of 5

Bearish Rectangle AUDUSD M5

According to the chart of M5, AUDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6491, the lower border is 0.6478. The signal means

The M5 and M15 time frames may have more false entry points.

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