signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1501/1.1531 whereas the upper border goes across 1.1573/1.1531. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURUSD will breach the upper border to head for 1.1546.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.42; the lower boundary 193.25; the width of the pattern 17 points
The M5 and M15 time frames may have more false entry points.
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