signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.1353/1.1399 and upper border is 1.1441/1.1399. The pattern width is measured on the chart at -88 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURUSD breaches the lower border, the price could continue its move toward 1.1384.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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- #AAPL
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- EURNZD
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- EURUSD
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- GBPUSD
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According to the chart of M5, EURCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.5622 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #Bitcoin formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 109500.22
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on #Bitcoin M5. It has the following characteristics: resistance level 109821.12/109636.18; support level 109521.27/109502.23; the width is 29985 points. In the event
The M5 and M15 time frames may have more false entry points.
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