signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5921 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -33 pips.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Triple Top pattern has formed on the chart of the GOLD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 93.30 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1499/1.1517 whereas the upper border goes across 1.1529/1.1517
The M5 and M15 time frames may have more false entry points.
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