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.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- #INTC
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- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M5, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8833 and support 0.8817
The M5 and M15 time frames may have more false entry points.
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On the chart of #PEP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 135.97; the lower boundary 133.07; the width of the pattern 290 points
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 #PEP M15. Characteristics: the upper boundary 136.11; the lower boundary 133.07; the width of the pattern is 290 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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