signal strength 2 of 5
According to the chart of M15, USDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3848/1.3836 whereas the lower border goes across 1.3821/1.3836. The pattern width is measured on the chart at 27 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.3836 is broken, the price could continue its move toward 1.3858.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3534 while the median line of the Neck
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 GOLD H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5690; the lower boundary 1.5675; the width of the pattern is 15 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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