signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 84.81/85.23 whereas the upper border goes across 85.51/85.23. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDJPY will breach the upper border to head for 85.38.
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 AUDJPY H1. It has the following characteristics: resistance level 92.94/92.85; support level 92.44/92.53; the width is 50 points. In the event
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The Double Bottom pattern has been formed on NZDCHF M30. Characteristics: the support level 0.4882; the resistance level 0.4893; the width of the pattern 11 points. If the resistance level
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The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4882; the resistance level 0.4893; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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