signal strength 2 of 5
According to the chart of M15, EURNZD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.8813 is likely to encourage a continuation of the downward trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Flag
- Head and Shoulders
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- Triple top
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The Triple Bottom pattern has formed on the chart of GBPCHF M5. Features of the pattern: The lower line of the pattern has coordinates 1.0820 with the upper limit 1.0820/1.0812
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3238
The M5 and M15 time frames may have more false entry points.
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The GBPAUD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 2.0878, the Neckline and the upward angle are at 2.0820/2.0825. The formation
The M5 and M15 time frames may have more false entry points.
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