signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8231 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -14 pips.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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According to the chart of M30, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 169.76/169.38
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The Double Top reversal pattern has been formed on AUDUSD M30. Characteristics: the upper boundary 0.6589; the lower boundary 0.6580; the width of the pattern is 8 points. Sell trades
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According to the chart of M15, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 169.76/169.38
The M5 and M15 time frames may have more false entry points.
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