signal strength 1 of 5
According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5160/0.5143 whereas the lower border goes across 0.5120/0.5143. The pattern width is measured on the chart at 40 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5143 is broken, the price could continue its move toward 0.5158.
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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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8241; the lower boundary 0.8207; the width of the pattern is 33 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart EURNZD M15. Forecast: if the price breaks above the pattern high at 1.9179, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the EURNZD M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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