signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8365/0.8361 whereas the lower border goes across 0.8355/0.8361. The pattern width is measured on the chart at 10 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8361 is broken, the price could continue its move toward 0.8376.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.1474
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 166.67
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 GBPUSD D1. Characteristics: the upper boundary 1.3615; the lower boundary 1.3455; the width of the pattern is 176 points. Sell trades
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