signal strength 1 of 5
According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4859 and 0.4838 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 0.4859 is broken, the price is likely to continue its move by 0.4865.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5959 is breached. Here
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The USDCAD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3729, the Neckline and the upward angle are at 1.3706/1.3704. The formation
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The Triple Bottom pattern has formed on the chart of the NZDCAD M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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