signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1392/1.1364 whereas the lower border goes across 1.1330/1.1364. The pattern width is measured on the chart at 62 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.1364 is broken, the price could continue its move toward 1.1379.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 193.42; the resistance level 193.87; the width of the pattern 45 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the USDCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.3679; the projection
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 162.28/163.37 whereas the upper border goes across 164.23/163.37
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