signal strength 3 of 5
According to the chart of M30, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5415/1.5608 whereas the upper border goes across 1.5743/1.5608. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURCAD will breach the upper border to head for 1.5638.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
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- Buy
- Sale
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The Double Top reversal pattern has been formed on AUDUSD M15. Characteristics: the upper boundary 0.6519; the lower boundary 0.6508; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument AUDUSD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 0.6518, with the prospect
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 196.12; the lower boundary 195.71; the width of the pattern 41 points
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