signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 85.44/85.92 and upper border is 86.64/85.92. The pattern width is measured on the chart at -120 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 85.77.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5163 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the NZDUSD M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0922; the lower boundary 2.0898; the width of the pattern 24 points
The M5 and M15 time frames may have more false entry points.
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