signal strength 1 of 5

According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1349/1.1361 whereas the upper border goes across 1.1372/1.1361. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURUSD will breach the upper border to head for 1.1376.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
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The Bullish pennant graphic pattern has formed on the #NTDOY M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
Open chart in a new windowThe Bullish pennant pattern is formed on the #NTDOY M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
Open chart in a new windowOn the chart of the #GOOG M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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