signal strength 1 of 5
According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.9121/1.9174 and upper border is 1.9236/1.9174. The pattern width is measured on the chart at -115 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 EURNZD breaches the lower border, the price could continue its move toward 1.9159.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 161.80/161.99 and upper border is 162.17/161.99. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M30. Characteristics: the support level 0.5916; the resistance level 0.5929; the width of the pattern 13 points. If the resistance level
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The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 92.08; the resistance level 92.42; the width of the pattern 34 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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