signal strength 1 of 5

According to the chart of M5, #MSFT formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 444.56/443.38 whereas the lower border goes across 442.10/443.38. The pattern width is measured on the chart at 246 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 443.38 is broken, the price could continue its move toward 443.53.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on GOLD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3315.04
Open chart in a new windowAccording to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 94.69/94.39
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPAUD H1; the upper boundary is 2.0735; the lower boundary is 2.0666. The width of the pattern is 67 points. In case
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