signal strength 1 of 5
The Double Bottom pattern has been formed on GBPCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.1050 is broken. The further movements will rely on the width of the current pattern 28 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8361/0.8346
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3344 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8333/0.8349 whereas the upper border goes across 0.8361/0.8349
The M5 and M15 time frames may have more false entry points.
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