signal strength 3 of 5
According to the chart of M30, EURCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.5802/1.5739 whereas the lower border goes across 1.5694/1.5739. The pattern width is measured on the chart at 108 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.5739 is broken, the price could continue its move toward 1.5769.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on USDCHF M15. Characteristics: the upper boundary 0.8247; the lower boundary 0.8231; the width of the pattern is 17 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #Bitcoin M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 105641.82
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #Bitcoin H1; the upper boundary is 106265.19; the lower boundary is 104569.21. The width of the pattern is 173331 points. In case
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