signal strength 1 of 5
According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9519/0.9526 and upper border is 0.9534/0.9526. The pattern width is measured on the chart at -15 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 EURCHF breaches the lower border, the price could continue its move toward 0.9511.
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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- AUDCAD
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- EURGBP
- EURJPY
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- EURRUB
- EURUSD
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- GBPJPY
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On the chart of GOLD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 3050.69; the lower boundary 3037.74; the width of the pattern 1295 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 79.77/80.40 and upper border is 81.02/80.40. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart SILVER M5 which signals that the upward trend will continue. Signals: а break of the peak at 30.21 may push
The M5 and M15 time frames may have more false entry points.
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