signal strength 1 of 5
According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 33.52/33.43 whereas the lower border goes across 33.30/33.43. The pattern width is measured on the chart at 217 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 33.43 is broken, the price could continue its move toward 33.45.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4810 is likely to encourage a continuation
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The Double Bottom pattern has been formed on AUDCAD M30; the upper boundary is 0.8942; the lower boundary is 0.8920. The width of the pattern is 21 points. In case
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The Double Bottom pattern has been formed on AUDJPY M15; the upper boundary is 94.79; the lower boundary is 94.40. The width of the pattern is 39 points. In case
The M5 and M15 time frames may have more false entry points.
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