signal strength 1 of 5
According to the chart of M5, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.4757 – 0.4757 and upper border 0.4779 – 0.4779. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Bottom pattern has been formed on NZDCHF M30. Characteristics: the support level 0.4493; the resistance level 0.4505; the width of the pattern 12 points. If the resistance level
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According to the chart of M30, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5601 while the median line of the Neck is found
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According to the chart of M15, NZDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4507, the lower border is 0.4493. The signal means
The M5 and M15 time frames may have more false entry points.
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