signal strength 1 of 5

According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9515/0.9522 whereas the upper border goes across 0.9530/0.9522. 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 EURCHF will breach the upper border to head for 0.9537.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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The Triple Bottom pattern has been formed on AUDJPY M15. It has the following characteristics: resistance level 92.94/92.77; support level 92.26/92.23; the width is 68 points. In the event
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 GBPJPY M15; the upper boundary is 193.24; the lower boundary is 192.29. The width of the pattern is 96 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the AUDJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window