signal strength 2 of 5
According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 85.15 and 84.50 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 65 pips. Outlook: If the upper border 85.15 is broken, the price is likely to continue its move by 85.10.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on AUDJPY M5. It has the following characteristics: resistance level 95.20/95.15; support level 95.10/95.09; the width is 10 points. In the event
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 NZDJPY H1. Characteristics: the upper boundary 86.42; the lower boundary 86.09; the width of the pattern is 34 points. Sell trades
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The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8112
The M5 and M15 time frames may have more false entry points.
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