signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1008 and 1.0935 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 73 pips. Outlook: If the upper border 1.1008 is broken, the price is likely to continue its move by 1.0993.
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 Double Top pattern has been formed on NZDCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8241
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On the chart of AUDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5309; the lower boundary 0.5300; the width of the pattern 9 points
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The Double Bottom pattern has been formed on GBPAUD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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