signal strength 1 of 5
On the chart of the EURNZD M5 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 1.9325, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 14 points.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3536; the lower boundary 1.3514; the width of the pattern 22 points
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According to the chart of M15, NZDCAD formed the Head and Shoulders pattern. The Head’s top is set at 0.8118 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD 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.
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