signal strength 1 of 5
According to the chart of M5, #MCD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 290.81/289.55 whereas the lower border goes across 288.46/289.55. The pattern width is measured on the chart at 235 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 289.55 is broken, the price could continue its move toward 289.70.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 198.91
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on NZDCAD M5. It has the following characteristics: resistance level 0.8207/0.8205; support level 0.8197/0.8197; the width is 10 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5977/0.5975; support level 0.5963/0.5966; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
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