signal strength 2 of 5

According to the chart of M15, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3134/1.3164 whereas the upper border goes across 1.3206/1.3164. 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 GBPUSD will breach the upper border to head for 1.3187.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- EURNZD
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- GBPCHF
- GBPJPY
- GBPUSD
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On the chart of EURNZD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9180; the lower boundary 1.9131; the width of the pattern 49 points
Open chart in a new windowAccording to the chart of M5, #TSLA formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 326.44, the lower border is 322.56. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #TSLA formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 322.56
The M5 and M15 time frames may have more false entry points.
Open chart in a new window