signal strength 2 of 5
According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1147/1.1120 whereas the lower border goes across 1.1098/1.1120. The pattern width is measured on the chart at 49 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.1120 is broken, the price could continue its move toward 1.1142.
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 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 479.20
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8518/0.8525 whereas the upper border goes across 0.8530/0.8525
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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