signal strength 3 of 5
According to the chart of M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 83.98/84.43 and upper border is 84.90/84.43. The pattern width is measured on the chart at -92 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 NZDJPY breaches the lower border, the price could continue its move toward 84.13.
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The Double Top pattern has been formed on GBPJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 194.54
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, SILVER formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 34.55 and support 34.47
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8234; the lower boundary 0.8229; the width of the pattern is 5 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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