signal strength 2 of 5
According to the chart of M15, EURGBP formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8536/0.8530 whereas the lower border goes across 0.8524/0.8530. The pattern width is measured on the chart at 12 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8530 is broken, the price could continue its move toward 0.8553.
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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- #AAPL
- #AMZN
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCHF
- NZDJPY
- NZDUSD
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- USDJPY
- USDRUB
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The #TSLA M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 337.71, the Neckline and the upward angle are at 324.60/326.66. The formation
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The technical pattern called Head and Shoulders has appeared on the chart of #NTDOY M5. There are weighty reasons to suggest that the price will surpass the Neckline 22.22/22.24 after
The M5 and M15 time frames may have more false entry points.
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The #NTDOY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 22.32, the Neckline and the upward angle are at 22.22/22.24. The formation
The M5 and M15 time frames may have more false entry points.
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