signal strength 2 of 5
According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0846/1.0853 whereas the upper border goes across 1.0860/1.0853. 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 GBPCHF will breach the upper border to head for 1.0876.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURCAD
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- EURNZD
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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8920/0.8929 whereas the upper border goes across 0.8939/0.8929
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY M30. Characteristics: the upper boundary 199.30; the lower boundary 199.07; the width of the pattern is 21 points. Sell trades
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According to the chart of H1, AUDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6433, the lower border is 0.6415. The signal means
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