signal strength 1 of 5
According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6295/0.6288 whereas the lower border goes across 0.6279/0.6288. The pattern width is measured on the chart at 16 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6288 is broken, the price could continue its move toward 0.6303.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on GBPJPY M15; the upper boundary is 187.03; the lower boundary is 186.00. The width of the pattern is 99 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M15; the upper boundary is 143.79; the lower boundary is 142.91. The width of the pattern is 89 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 31.30, the lower border is 31.23. The signal means
The M5 and M15 time frames may have more false entry points.
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