signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.1353/1.1399 and upper border is 1.1441/1.1399. The pattern width is measured on the chart at -88 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 EURUSD breaches the lower border, the price could continue its move toward 1.1384.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 194.74; the lower boundary is 194.53. The width of the pattern is 22 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Head and Shoulders pattern. The Head’s top is set at 0.9420 while the median line of the Neck is found
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 NZDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.4978 with the upper limit 0.4978/0.4968
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