signal strength 3 of 5

According to the chart of M30, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.51/85.22 whereas the lower border goes across 84.82/85.22. The pattern width is measured on the chart at 69 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 85.22 is broken, the price could continue its move toward 85.52.
See Also
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- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on SILVER M5. Characteristics: the upper boundary 33.19; the lower boundary 33.14; the width of the pattern is 45 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 86.37; the resistance level 86.54; the width of the pattern 17 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on USDCAD M5. Characteristics: the upper boundary 1.3859; the lower boundary 1.3847; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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