signal strength 1 of 5
According to the chart of M5, NZDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.4891/0.4896 and upper border is 0.4901/0.4896. The pattern width is measured on the chart at -10 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 NZDCHF breaches the lower border, the price could continue its move toward 0.4881.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 129.79; the resistance level 130.42; the width of the pattern 63 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDCHF M5. It has the following characteristics: resistance level 0.5351/0.5346; support level 0.5342/0.5340; the width is 9 points. In the event
The M5 and M15 time frames may have more false entry points.
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