signal strength 2 of 5
According to the chart of M15, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0781/1.0799 and upper border is 1.0818/1.0799. The pattern width is measured on the chart at -37 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURUSD breaches the lower border, the price could continue its move toward 1.0776.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
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According to the chart of M5, #FB formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 529.17
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 #GOOG 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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The Double Bottom pattern has been formed on GBPUSD M5. Characteristics: the support level 1.3038; the resistance level 1.3061; the width of the pattern 23 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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