signal strength 2 of 5
According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8361/0.8346 whereas the lower border goes across 0.8333/0.8346. The pattern width is measured on the chart at 28 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8346 is broken, the price could continue its move toward 0.8368.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5959 is breached. Here
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The USDCAD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3729, the Neckline and the upward angle are at 1.3706/1.3704. The formation
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The Triple Bottom pattern has formed on the chart of the NZDCAD M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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