signal strength 4 of 5
According to the chart of H1, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3615/1.3548 whereas the lower border goes across 1.3489/1.3548. The pattern width is measured on the chart at 126 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.3548 is broken, the price could continue its move toward 1.3588.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The NZDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5969, the Neckline and the upward angle are at 0.5955/0.5956. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on AUDCAD M15. Characteristics: the upper boundary 0.8964; the lower boundary 0.8954; the width of the pattern is 9 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5275/0.5258
The M5 and M15 time frames may have more false entry points.
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