signal strength 2 of 5
According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8361/0.8346 whereas the lower border goes across 0.8333/0.8346. The pattern width is measured on the chart at 28 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8346 is broken, the price could continue its move toward 0.8368.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- AUDUSD
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- EURJPY
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- EURUSD
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The Triple Top pattern has formed on the chart of the NZDJPY M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -5
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the AUDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -1, support level -6
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5934; the lower boundary 1.5910; the width of the pattern 24 points
The M5 and M15 time frames may have more false entry points.
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