signal strength 1 of 5

According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9515/0.9522 whereas the upper border goes across 0.9530/0.9522. 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 EURCHF will breach the upper border to head for 0.9537.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M30; the upper boundary is 163.14; the lower boundary is 162.05. The width of the pattern is 107 points. In case
Open chart in a new windowThe Double Bottom pattern has been formed on USDCAD M5. Characteristics: the support level 1.3862; the resistance level 1.3871; the width of the pattern 9 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5696 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new window