signal strength 1 of 5
According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.9139 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -34 pips.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M5. Characteristics: the support level 1.8836; the resistance level 1.8850; the width of the pattern 14 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1155 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M15. Characteristics: the support level 164.10; the resistance level 164.30; the width of the pattern 20 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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