signal strength 4 of 5

According to the chart of H1, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 33.17/32.16 whereas the lower border goes across 31.25/32.16. The pattern width is measured on the chart at 1930 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 32.16 is broken, the price could continue its move toward 32.20.
See Also
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- Pennant
- Rectangle
- Triangle
- Triple top
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According to the chart of M30, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 198.79, the lower border is 198.33. The signal means
Open chart in a new windowThe Double Bottom pattern has been formed on NZDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDCHF H1. Characteristics: the upper boundary 0.5277; the lower boundary 0.5261; the width of the pattern is 16 points. Sell trades
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