signal strength 2 of 5
According to the chart of M15, USDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3848/1.3836 whereas the lower border goes across 1.3821/1.3836. The pattern width is measured on the chart at 27 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.3836 is broken, the price could continue its move toward 1.3858.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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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- M5
- M15
- M30
- H1
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The Double Top pattern has been formed on AUDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5267
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #PEP M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
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The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.0776; the lower boundary 1.0760; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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