signal strength 2 of 5
According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 91.35/91.01 whereas the lower border goes across 90.50/91.01. The pattern width is measured on the chart at 85 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 91.01 is broken, the price could continue its move toward 91.24.
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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On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 32.88; the lower boundary 32.73; the width of the pattern 150 points
The M5 and M15 time frames may have more false entry points.
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On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 32.88; the lower boundary 32.73; the width of the pattern 150 points
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the NZDJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 86.77 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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