signal strength 1 of 5
According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.9139 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -34 pips.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 148.04/148.00; support level 147.78/147.74; the width is 26 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 164.27; the lower boundary is 164.16. The width of the pattern is 12 points. In case
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4931
The M5 and M15 time frames may have more false entry points.
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