signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.7904 while the median line of the Neck is found at 0.7863/0.7887. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDCAD will go towards 0.7919
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #NTDOY H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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The Bullish pennant signal – Trading instrument #NTDOY H1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 18.72, with the prospect
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The Bullish pennant pattern is formed on the #INTC M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
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