signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0903/2.0894 whereas the lower border goes across 2.0885/2.0894. The pattern width is measured on the chart at 18 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0894 is broken, the price could continue its move toward 2.0909.
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 #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 102025.17
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #Bitcoin M5; the upper boundary is 103384.03; the lower boundary is 103150.22. The width of the pattern is 24856 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 103655.19/103820.77 whereas the upper border goes across 103940.04/103820.77
The M5 and M15 time frames may have more false entry points.
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