signal strength 1 of 5

According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1392/1.1364 whereas the lower border goes across 1.1330/1.1364. The pattern width is measured on the chart at 62 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.1364 is broken, the price could continue its move toward 1.1379.
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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- AUDCHF
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The Triple Bottom pattern has formed on the chart of AUDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5333 with the upper limit 0.5333/0.5327
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 94860.22; the lower boundary 94618.10; the width of the pattern is 23764 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 AUDUSD M15; the upper boundary is 0.6494; the lower boundary is 0.6461. The width of the pattern is 34 points. In case
The M5 and M15 time frames may have more false entry points.
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