signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8227/0.8235 whereas the upper border goes across 0.8246/0.8235. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCAD will breach the upper border to head for 0.8250.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0923/1.0936 and upper border is 1.0946/1.0936. The pattern width is measured
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 NZDJPY M5. Characteristics: the upper boundary 87.47; the lower boundary 87.31; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.3532; the lower boundary is 1.3523. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
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