signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.8825 – 0.8825 and upper border 0.8835 – 0.8835. In case the upper border is broken, the instrument is likely to follow the upward trend.
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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According to the chart of M5, USDJPY formed the Head and Shoulders pattern. The Head’s top is set at 150.87 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 86.34; the lower boundary 86.21; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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On the chart of the GOLD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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