signal strength 3 of 5
According to the chart of M30, NZDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 83.80 and support 82.60. In case the resistance level 83.80 - 83.80 is broken, the instrument is likely to follow the bullish trend.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4884 is likely to encourage a continuation
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The Bearish Flag pattern has been formed on the chart SILVER M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the SILVER M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 32.23 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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