signal strength 1 of 5
According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9519/0.9526 and upper border is 0.9534/0.9526. The pattern width is measured on the chart at -15 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 EURCHF breaches the lower border, the price could continue its move toward 0.9511.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8211 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, USDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8211 is breached. Here
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5653/1.5671 whereas the upper border goes across 1.5687/1.5671
The M5 and M15 time frames may have more false entry points.
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