signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8198/0.8221 whereas the upper border goes across 0.8238/0.8221. 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 USDCHF will breach the upper border to head for 0.8236.
The M5 and M15 time frames may have more false entry points.
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The GBPUSD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3549, the Neckline and the upward angle are at 1.3522/1.3522. The formation
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According to the chart of M5, AUDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3530, the lower border is 1.3523. The signal means
The M5 and M15 time frames may have more false entry points.
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