signal strength 1 of 5
According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.8835/1.8853 and upper border is 1.8866/1.8853. The pattern width is measured on the chart at -31 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 EURNZD breaches the lower border, the price could continue its move toward 1.8838.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0926/1.0931 whereas the upper border goes across 1.0935/1.0931
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on NZDJPY M5. It has the following characteristics: resistance level 87.76/87.71; support level 87.60/87.59; the width is 16 points. In the event
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 GBPJPY M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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