signal strength 2 of 5
The Double Bottom pattern has been formed on USDCAD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.3853 is broken. The further movements will rely on the width of the current pattern 14 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 87.92/87.86
The M5 and M15 time frames may have more false entry points.
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The NZDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5687, the Neckline and the upward angle are at 0.5676/0.5677. The formation
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.91; the lower boundary 87.79; the width of the pattern 12 points
The M5 and M15 time frames may have more false entry points.
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