signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8210, the lower border is 0.8195. The signal means that a short position should be opened after fixing a price below the lower border 0.8195 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M5, EURJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 166.83 and support 166.64
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 36.06
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.23
The M5 and M15 time frames may have more false entry points.
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