signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6066/0.6019 whereas the lower border goes across 0.5985/0.6019. The pattern width is measured on the chart at 81 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6019 is broken, the price could continue its move toward 0.6034.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Top reversal pattern has been formed on AUDCHF M30. Characteristics: the upper boundary 0.5238; the lower boundary 0.5213; the width of the pattern is 26 points. Sell trades
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According to the chart of M30, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 196.44, the lower border is 196.07. The signal means
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According to the chart of M15, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 196.44 and support 196.07
The M5 and M15 time frames may have more false entry points.
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