signal strength 2 of 5
According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 79.77/80.40 and upper border is 81.02/80.40. The pattern width is measured on the chart at -125 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 80.18.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Rectangle
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- Triple top
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The Double Bottom pattern has been formed on EURNZD H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.42; the lower boundary 193.25; the width of the pattern 17 points
The M5 and M15 time frames may have more false entry points.
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The NZDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.8229, the Neckline and the upward angle are at 0.8221/0.8222. The formation
The M5 and M15 time frames may have more false entry points.
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