signal strength 2 of 5
According to the chart of M15, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5564/0.5556 whereas the lower border goes across 0.5546/0.5556. The pattern width is measured on the chart at 18 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5556 is broken, the price could continue its move toward 0.5579.
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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According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 94.88, the lower border is 94.78. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on SILVER M15. Characteristics: the upper boundary 34.45; the lower boundary 34.33; the width of the pattern is 120 points. Sell trades
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 USDCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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