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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The Double Top pattern has been formed on USDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 145.78
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The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 145.78
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4916, the lower border is 0.4879. The signal means
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