signal strength 4 of 5
According to the chart of H1, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5074/0.5182 and upper border is 0.5328/0.5182. The pattern width is measured on the chart at -254 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDCHF breaches the lower border, the price could continue its move toward 0.5142.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
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The technical pattern called Head and Shoulders has appeared on the chart of EURJPY M30. There are weighty reasons to suggest that the price will surpass the Neckline 165.03/165.08 after
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The technical pattern called Head and Shoulders has appeared on the chart of EURJPY M15. There are weighty reasons to suggest that the price will surpass the Neckline 165.03/165.08 after
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 the #Bitcoin M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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