signal strength 4 of 5
According to the chart of H1, GBPCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.1059/1.0989 whereas the lower border goes across 1.0906/1.0989. The pattern width is measured on the chart at 153 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.0989 is broken, the price could continue its move toward 1.1029.
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According to the chart of M15, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4645 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5867 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5883 - 0.0000
The M5 and M15 time frames may have more false entry points.
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