signal strength 1 of 5
According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.5785/1.5764 whereas the lower border goes across 1.5749/1.5764. The pattern width is measured on the chart at 36 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.5764 is broken, the price could continue its move toward 1.5779.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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On the chart of NZDJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.96; the lower boundary 87.67; the width of the pattern 29 points
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The Double Top pattern has been formed on EURJPY H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 166.99
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9045
The M5 and M15 time frames may have more false entry points.
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