signal strength 2 of 5
According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8796/0.8839 whereas the upper border goes across 0.8876/0.8839. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCAD will breach the upper border to head for 0.8862.
The M5 and M15 time frames may have more false entry points.
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The EURNZD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.9070, the Neckline and the upward angle are at 1.9037/1.9038. The formation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.5640, the lower border is 1.5616. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.5616
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