Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.
2019-04-23 Bullish Rectangle AUDJPY M15
According to the chart of M15, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 79.55 - 0.00 and support 79.45 – 79.45. In case the resistance level 79.45 - 79.45 is broken, the instrument is likely to follow the bearish trend.
2019-04-23 Double Top EURCHF M15
The Double Top reversal pattern has been formed on EURCHF M15. Characteristics: the upper boundary 1.1475; the lower boundary 1.1457; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 1.1457 with a possible movements towards the 1.1435 level.
2019-04-23 Double Top USDJPY M5
On the chart of USDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 111.94; the lower boundary 111.83; the width of the pattern 11 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 111.68 level.
2019-04-23 Double Bottom AUDJPY M15
The Double Bottom pattern has been formed on AUDJPY M15. 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 79.55 is broken. The further movements will rely on the width of the current pattern 10 points.
|Time||Country||Macroeconomic Indices||Period||Previous Reading||Forecast||Actual Reading||Importance|
|16:00||New Home Sales||Mar||667K; 4.9%||647K; -3.0%|