signal strength 2 of 5
According to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5974/0.5950 whereas the lower border goes across 0.5933/0.5950. The pattern width is measured on the chart at 41 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5950 is broken, the price could continue its move toward 0.5972.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
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- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
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- NZDUSD
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According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 94.56/94.47
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURNZD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9289
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on EURCHF at M5. The lower boundary of the pattern is located at 0.9372/0.9372, while the higher boundary lies at 0.9374/0.9374. The projection
The M5 and M15 time frames may have more false entry points.
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