signal strength 4 of 5
According to the chart of H1, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5423/0.5395 whereas the lower border goes across 0.5355/0.5395. The pattern width is measured on the chart at 68 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5395 is broken, the price could continue its move toward 0.5435.
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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The GBPAUD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 2.0897, the Neckline and the upward angle are at 2.0818/2.0818. The formation
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On the chart of the EURGBP M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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According to the chart of M5, AUDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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