signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8218/0.8225 whereas the upper border goes across 0.8232/0.8225. 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 0.8240.
The M5 and M15 time frames may have more false entry points.
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The NZDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6081, the Neckline and the upward angle are at 0.6057/0.6057. The formation
The M5 and M15 time frames may have more false entry points.
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According to M5, AUDJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 94.20/94.21 is broken out, the instrument is likely to move toward
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 EURJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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