signal strength 1 of 5
According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 32.52/32.54 whereas the upper border goes across 32.56/32.54. 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 SILVER will breach the upper border to head for 32.56.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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On the chart of AUDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8932; the lower boundary 0.8902; the width of the pattern 30 points
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The Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 94.27/94.19, while the higher boundary lies at 94.35/94.27. The projection
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 94.35, with the prospect
The M5 and M15 time frames may have more false entry points.
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