signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3312 and 1.3280 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 32 pips. Outlook: If the upper border 1.3312 is broken, the price is likely to continue its move by 1.3313.
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 Bullish pennant graphic pattern has formed on the GBPCHF M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the GBPAUD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -8
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURUSD M30. Characteristics: the upper boundary 1.1810; the lower boundary 1.1786; the width of the pattern is 24 points. Sell trades
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