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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According to the chart of H1, USDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8194 is likely to encourage a continuation
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According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 190.37 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 191.31 and 190.01 are the coordinates
The M5 and M15 time frames may have more false entry points.
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