signal strength 4 of 5
According to the chart of H1, GBPCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1059/1.0989 whereas the lower border goes across 1.0906/1.0989. The pattern width is measured on the chart at 153 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.0989 is broken, the price could continue its move toward 1.1029.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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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- M5
- M15
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On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 95.93; the lower boundary 95.57; the width of the pattern 36 points
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #PEP M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 3, support level -9
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 22.38 is broken through. Recommendations: Place
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