signal strength 1 of 5
According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5072/0.5079 whereas the upper border goes across 0.5089/0.5079. 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 NZDCHF will breach the upper border to head for 0.5094.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Triple top
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- GBPUSD
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On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 144.26; the lower boundary 143.67; the width of the pattern 59 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 143.67
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #KO M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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