signal strength 2 of 5
According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0846/1.0853 whereas the upper border goes across 1.0860/1.0853. 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 GBPCHF will breach the upper border to head for 1.0876.
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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The technical pattern called Head and Shoulders has appeared on the chart of AUDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 96.50/96.53 after
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 96.67, the lower border is 96.53. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY M15. Characteristics: the upper boundary 199.95; the lower boundary 199.78; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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