signal strength 1 of 5
According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9535/0.9531 whereas the lower border goes across 0.9527/0.9531. The pattern width is measured on the chart at 8 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.9531 is broken, the price could continue its move toward 0.9546.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8694; the lower boundary 0.8678; the width of the pattern is 15 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5420 is breached. Here
The M5 and M15 time frames may have more false entry points.
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On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 31.11; the lower boundary 30.82; the width of the pattern 280 points
The M5 and M15 time frames may have more false entry points.
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