signal strength 3 of 5
According to the chart of M30, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5593/0.5568 whereas the lower border goes across 0.5548/0.5568. The pattern width is measured on the chart at 45 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5568 is broken, the price could continue its move toward 0.5598.
See Also
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- Double Top
- Flag
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- Triple top
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- #AMZN
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According to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.4637/0.4673 and upper border is 0.4713/0.4673. The pattern width is measured
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According to the chart of M15, AUDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5001 is breached. Here
The M5 and M15 time frames may have more false entry points.
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On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 362.82; the lower boundary 359.05; the width of the pattern 377 points
The M5 and M15 time frames may have more false entry points.
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