signal strength 3 of 5
According to the chart of M30, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5593/0.5568 whereas the lower border goes across 0.5548/0.5568. The pattern width is measured on the chart at 45 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5568 is broken, the price could continue its move toward 0.5598.
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The Double Bottom pattern has been formed on EURJPY M30; the upper boundary is 163.14; the lower boundary is 162.05. The width of the pattern is 107 points. In case
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The Double Bottom pattern has been formed on USDCAD M5. Characteristics: the support level 1.3862; the resistance level 1.3871; the width of the pattern 9 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, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5696 is breached. Here
The M5 and M15 time frames may have more false entry points.
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