signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8245 and support 0.8238. In case the resistance level 0.8245 - 0.8245 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
- NZDJPY
- NZDUSD
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- USDCAD
- USDCHF
- USDJPY
- USDRUB
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart EURNZD M15. Forecast: if the price breaks above the pattern high at 1.9179, then
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 EURNZD 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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According to the chart of M15, EURUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1532, the lower border is 1.1505. The signal means
The M5 and M15 time frames may have more false entry points.
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