signal strength 1 of 5

According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 161.15/161.86 and upper border is 162.37/161.86. The pattern width is measured on the chart at -122 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 EURJPY breaches the lower border, the price could continue its move toward 161.71.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 3286.21/3295.95 whereas the upper border goes across 3308.46/3295.95
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4871 is likely to encourage a continuation
Open chart in a new windowAccording to the chart of M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 84.57 is likely to encourage a continuation
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