was formed on 12.05 at 18:32:08 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1147/1.1120 whereas the lower border goes across 1.1098/1.1120. The pattern width is measured on the chart at 49 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.1120 is broken, the price could continue its move toward 1.1142.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
