signal strength 1 of 5

According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 83376.14 and 82331.42 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 104472 pips. Outlook: If the upper border 83376.14 is broken, the price is likely to continue its move by 82907.57.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 190.28; the lower boundary 190.02; the width of the pattern is 25 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 91900.13 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPAUD formed the Head and Shoulders pattern. The Head’s top is set at 2.0869 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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