was formed on 28.04 at 15:44:08 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
According to the chart of M30, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9396/0.9420 and upper border is 0.9447/0.9420. The pattern width is measured on the chart at -51 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURCHF breaches the lower border, the price could continue its move toward 0.9390.
Figure
Instrument
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Trend
Signal Strength
