signal strength 2 of 5
According to the chart of M15, EURNZD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.9312 and support 1.9286. In case the resistance level 1.9312 - 1.9312 is broken, the instrument is likely to follow the bullish trend.
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
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
- SILVER
- USDCAD
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- USDRUB
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 87.11
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart NZDJPY M15 which signals that the upward trend will continue. Signals: а break of the peak at 87.28 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the NZDJPY M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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