signal strength 1 of 5

The Double Bottom pattern has been formed on NZDUSD M5. Characteristics: the support level 0.6060; the resistance level 0.6067; the width of the pattern 7 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 7 points.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDUSD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5852
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, GBPCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0776 - 0.0000
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of H1, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8117/0.8078
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