signal strength 1 of 5
According to the chart of M5, #GOOG formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 165.68/165.13 whereas the lower border goes across 164.59/165.13. The pattern width is measured on the chart at 109 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 165.13 is broken, the price could continue its move toward 165.28.
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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- #AAPL
- #AMZN
- #Bitcoin
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- #PEP
- #TSLA
- #TWTR
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- AUDCHF
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- EURNZD
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- GBPUSD
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The Bearish Flag pattern has been formed on the chart #INTC M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #INTC M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 24.13 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5538; the resistance level 0.5559; the width of the pattern 21 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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