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 1.1501/1.1531 whereas the upper border goes across 1.1573/1.1531. 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 1.1546.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
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- Pennant
- Rectangle
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- Triple top
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- AUDCAD
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The Double Bottom pattern has been formed on GBPAUD H1; the upper boundary is 2.0735; the lower boundary is 2.0666. The width of the pattern is 67 points. In case
Open chart in a new windowAccording to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 109322.35/109535.11 and upper border is 109727.96/109535.11. The pattern width is measured
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 EURCAD M30; the upper boundary is 1.5625; the lower boundary is 1.5603. The width of the pattern is 20 points. In case
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