signal strength 2 of 5

According to the chart of M15, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 169.76/169.38 whereas the lower border goes across 168.94/169.38. The pattern width is measured on the chart at 82 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 169.38 is broken, the price could continue its move toward 169.60.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8203; the lower boundary 0.8198; the width of the pattern is 5 points. Sell trades
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 NZDCAD H1. Characteristics: the support level 0.8187; the resistance level 0.8202; the width of the pattern 15 points. If the resistance level
Open chart in a new windowThe Double Bottom pattern has been formed on AUDUSD H1; the upper boundary is 0.6526; the lower boundary is 0.6511. The width of the pattern is 14 points. In case
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