signal strength 4 of 5
According to the chart of H1, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 33.17/32.16 whereas the lower border goes across 31.25/32.16. The pattern width is measured on the chart at 1930 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 32.16 is broken, the price could continue its move toward 32.20.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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The Double Bottom pattern has been formed on AUDCHF H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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According to the chart of M30, EURNZD formed the Head and Shoulders pattern. The Head’s top is set at 1.9482 while the median line of the Neck is found
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The Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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