Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.
2019-08-22 Double Top GBPUSD M5
On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.2255; the lower boundary 1.2234; the width of the pattern 21 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.2219 level.
2019-08-22 Double Top SILVER M5
On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 17.09; the lower boundary 17.00; the width of the pattern 100 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 16.98 level.
2019-08-22 Double Bottom EURCAD H1
The Double Bottom pattern has been formed on EURCAD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.4768 is broken. The further movements will rely on the width of the current pattern 54 points.
2019-08-22 Triple Top GBPCHF M5
On the chart of the GBPCHF M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.2018, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 38 points.
|Time||Country||Macroeconomic Indices||Period||Previous Reading||Forecast||Actual Reading||Importance|
|13:30||ECB Monetary Policy Meeting Accounts||Jul|