signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 163.27/162.89 whereas the lower border goes across 162.60/162.89. The pattern width is measured on the chart at 67 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 162.89 is broken, the price could continue its move toward 163.04.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Top pattern has formed on the chart of the #MSFT M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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According to the chart of M5, GBPCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.0978 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of EURCHF M15. There are weighty reasons to suggest that the price will surpass the Neckline 0.9395/0.9399 after
The M5 and M15 time frames may have more false entry points.
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