signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8254/0.8212 whereas the lower border goes across 0.8159/0.8212. The pattern width is measured on the chart at 95 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8212 is broken, the price could continue its move toward 0.8227.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The AUDUSD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6689, the Neckline and the upward angle are at 0.6681/0.6682. The formation
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 Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 87.65 - 0.00
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #TSLA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -97, support level -48
The M5 and M15 time frames may have more false entry points.
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