signal strength 2 of 5
According to the chart of M15, USDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8546 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -80 pips.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3352/1.3335
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8043
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9229; the lower boundary 0.9225; the width of the pattern is 4 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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