signal strength 1 of 5
According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9535/0.9531 whereas the lower border goes across 0.9527/0.9531. The pattern width is measured on the chart at 8 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.9531 is broken, the price could continue its move toward 0.9546.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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- AUDCAD
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 89.54 and support 89.10
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 82.82 and 82.45 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURGBP M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 2, support level -5
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