signal strength 4 of 5
According to the chart of H1, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 85.24 – 85.24 and upper border 85.71 – 85.71. In case the lower border is broken, the instrument is likely to follow the downward trend.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- Triple top
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According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0731 and 1.0691 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #TSLA M15 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.
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The Double Bottom pattern has been formed on NZDCHF M30; the upper boundary is 0.4655; the lower boundary is 0.4643. The width of the pattern is 12 points. In case
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