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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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5812; the lower boundary 1.5776; the width of the pattern is 35 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1418; the lower boundary 1.1379; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.4892 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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