signal strength 4 of 5
According to the chart of H1, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8299/0.8226 whereas the lower border goes across 0.8123/0.8226. The pattern width is measured on the chart at 176 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8226 is broken, the price could continue its move toward 0.8266.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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The Triple Top pattern has formed on the chart of the #GOOG M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -16, support level -46
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 104078.49; the resistance level 104563.94; the width of the pattern 48545 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of USDCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.8138/0.8137 after
The M5 and M15 time frames may have more false entry points.
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