signal strength 1 of 5
The USDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3941, the Neckline and the upward angle are at 1.3919/1.3917. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of USDCAD will go towards 1.3902.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5650; the lower boundary 1.5644; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.6026/0.6043 whereas the upper border goes across 0.6061/0.6043
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6535/0.6520
The M5 and M15 time frames may have more false entry points.
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