signal strength 2 of 5
According to the chart of M15, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 36.78/36.48 whereas the lower border goes across 36.20/36.48. The pattern width is measured on the chart at 575 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 36.48 is broken, the price could continue its move toward 36.50.
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
- AUDCHF
- AUDJPY
- AUDUSD
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- EURGBP
- EURJPY
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- GBPAUD
- GBPCHF
- GBPJPY
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The technical pattern called Head and Shoulders has appeared on the chart of AUDCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.5247/0.5249 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 2.0516 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPAUD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 2.0493 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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