signal strength 2 of 5

According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8813/0.8844 whereas the upper border goes across 0.8874/0.8844. 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 AUDCAD will breach the upper border to head for 0.8867.
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 Triple Bottom pattern has formed on the chart of NZDCAD M15. Features of the pattern: The lower line of the pattern has coordinates 0.8256 with the upper limit 0.8256/0.8240
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5974/0.5950
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5974 and 0.5932 are the coordinates
The M5 and M15 time frames may have more false entry points.
Open chart in a new window