signal strength 1 of 5
According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 29.97/30.05 whereas the upper border goes across 30.14/30.05. 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 SILVER will breach the upper border to head for 30.07.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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The Bearish pennant pattern has formed on the GBPUSD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of USDCHF M15. Features of the pattern: The lower line of the pattern has coordinates 0.8121 with the upper limit 0.8121/0.8116
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 GBPJPY D1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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