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
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on #MSFT H1. Characteristics: the upper boundary 473.33; the lower boundary 468.62; the width of the pattern is 479 points. Sell trades
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The Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 94.43, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the USDJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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