signal strength 2 of 5

According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8333/0.8349 whereas the upper border goes across 0.8361/0.8349. 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 USDCHF will breach the upper border to head for 0.8371.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDCAD M5. It has the following characteristics: resistance level 0.8915/0.8912; support level 0.8906/0.8905; the width is 9 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.3555 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, USDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3555
The M5 and M15 time frames may have more false entry points.
Open chart in a new window