signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8825/0.8830 whereas the upper border goes across 0.8835/0.8830. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCHF will breach the upper border to head for 0.8845.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5538; the resistance level 0.5559; the width of the pattern 21 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #INTC formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 24.36, the lower border is 24.18. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5; the upper boundary is 0.8980; the lower boundary is 0.8970. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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