signal strength 3 of 5
According to the chart of M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 83.98/84.43 and upper border is 84.90/84.43. The pattern width is measured on the chart at -92 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 NZDJPY breaches the lower border, the price could continue its move toward 84.13.
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According to the chart of M15, EURCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9348, the lower border is 0.9337. The signal means
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1409
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The Double Top reversal pattern has been formed on GOLD M30. Characteristics: the upper boundary 3384.23; the lower boundary 3370.26; the width of the pattern is 1346 points. Sell trades
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