signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 86.58/86.43 whereas the lower border goes across 86.22/86.43. The pattern width is measured on the chart at 36 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 86.43 is broken, the price could continue its move toward 86.58.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M15; the upper boundary is 85.54; the lower boundary is 85.35. The width of the pattern is 17 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9084; the lower boundary 1.9051; the width of the pattern 33 points
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the SILVER M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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