signal strength 1 of 5
According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8879 and 0.8869 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 10 pips. Outlook: If the upper border 0.8879 is broken, the price is likely to continue its move by 0.8889.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #PEP
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
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According to the chart of H1, NZDCAD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.8151 while the median line of the Neck
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The Triple Top pattern has formed on the chart of the EURJPY H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -7, support level -19
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The Triple Top pattern has formed on the chart of the EURJPY M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -7, support level -19
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