signal strength 4 of 5
According to the chart of H1, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1457 and 1.1371 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 86 pips. Outlook: If the upper border 1.1457 is broken, the price is likely to continue its move by 1.1446.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of the USDCHF M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 93.33 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8149; the resistance level 0.8192; the width of the pattern 43 points. If the resistance level
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