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 0.5160/0.5143 whereas the lower border goes across 0.5120/0.5143. The pattern width is measured on the chart at 40 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5143 is broken, the price could continue its move toward 0.5166.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1418; the lower boundary 1.1379; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.4892 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on #MSFT M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 393.33
The M5 and M15 time frames may have more false entry points.
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