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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- Triple top
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On the chart of EURGBP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8529; the lower boundary 0.8507; the width of the pattern 22 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.6540 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1726; the lower boundary 1.1707; the width of the pattern 19 points
The M5 and M15 time frames may have more false entry points.
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