signal strength 1 of 5
The Bearish pennant pattern has formed on the EURNZD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.8834; the projection of the flagpole height is equal to 29 pips. In case the price breaks out the pattern’s bottom of 1.8834, the downtrend is expected to continue for further level 1.8819.
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 AUDUSD M30. Features of the pattern: The lower line of the pattern has coordinates 0.6373 with the upper limit 0.6373/0.6370
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The Double Bottom pattern has been formed on NZDCAD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Triple Bottom pattern has been formed on AUDUSD M15. It has the following characteristics: resistance level 0.6373/0.6370; support level 0.6353/0.6345; the width is 20 points. In the event
The M5 and M15 time frames may have more false entry points.
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