signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.1374 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -29 pips.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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- USDCAD
- USDCHF
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- USDRUB
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The Triple Top pattern has formed on the chart of the NZDUSD M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -5, support level -1
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 198.55; the lower boundary 198.24; the width of the pattern 31 points
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According to the chart of M15, EURGBP formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8536/0.8530
The M5 and M15 time frames may have more false entry points.
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