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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Bullish Flag pattern has been formed on the chart NZDCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.4850 may push
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPCHF M5. Features of the pattern: The lower line of the pattern has coordinates 1.0820 with the upper limit 1.0820/1.0812
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3238
The M5 and M15 time frames may have more false entry points.
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