signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8172 and 0.8162 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 10 pips. Outlook: If the upper border 0.8172 is broken, the price is likely to continue its move by 0.8182.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on GBPJPY H1. Characteristics: the upper boundary 207.31; the lower boundary 206.85; the width of the pattern is 48 points. Sell trades
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According to the chart of H1, NZDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3352/1.3335
The M5 and M15 time frames may have more false entry points.
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