signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.1353/1.1399 and upper border is 1.1441/1.1399. The pattern width is measured on the chart at -88 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURUSD breaches the lower border, the price could continue its move toward 1.1384.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5812; the lower boundary 1.5776; the width of the pattern is 35 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1418; the lower boundary 1.1379; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.4892 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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