signal strength 1 of 5

According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.9121/1.9174 and upper border is 1.9236/1.9174. The pattern width is measured on the chart at -115 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 1.9159.
The M5 and M15 time frames may have more false entry points.
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- AUDCAD
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The Double Bottom pattern has been formed on AUDJPY M5; the upper boundary is 92.52; the lower boundary is 92.33. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the EURJPY 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.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 85.25; the resistance level 85.43; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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