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 0.8198/0.8221 whereas the upper border goes across 0.8238/0.8221. 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 0.8236.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.1310 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8532 is breached. Here
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 1.5702 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
