signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 84.66/84.86 and upper border is 85.16/84.86. The pattern width is measured on the chart at -50 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 84.71.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5909 is breached. Here
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M5. Characteristics: the support level 0.9316; the resistance level 0.9328; the width of the pattern 12 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of GBPCHF M5. Features of the pattern: The lower line of the pattern has coordinates 1.0970 with the upper limit 1.0970/1.0964
The M5 and M15 time frames may have more false entry points.
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