signal strength 2 of 5

On the chart of the NZDUSD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 0.6056, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 8 points.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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- EURCAD
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- EURRUB
- EURUSD
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- GBPUSD
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The Double Bottom pattern has been formed on EURCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant pattern is formed on the USDJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6025
The M5 and M15 time frames may have more false entry points.
Open chart in a new window