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.
See Also
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- 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
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Triple Bottom pattern has formed on the chart of GBPAUD M5. Features of the pattern: The lower line of the pattern has coordinates 2.0806 with the upper limit 2.0806/2.0764
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the AUDCAD M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 2.0746 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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