signal strength 1 of 5

According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1382/1.1409 whereas the upper border goes across 1.1439/1.1409. 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 EURUSD will breach the upper border to head for 1.1424.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9360
Open chart in a new windowAccording to the chart of M5, EURJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 164.76, the lower border is 164.52. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURJPY M15; the upper boundary is 164.73; the lower boundary is 164.52. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window