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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- EURCAD
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- EURUSD
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The Double Bottom pattern has been formed on USDJPY M5; the upper boundary is 146.25; the lower boundary is 146.09. The width of the pattern is 15 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 163.67; the lower boundary is 163.54. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the SILVER M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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