signal strength 3 of 5
According to the chart of M30, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 87.77 and 87.44 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 33 pips. Outlook: If the upper border 87.77 is broken, the price is likely to continue its move by 87.91.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.0482; the lower boundary 1.0471; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of AUDCAD M15. There are weighty reasons to suggest that the price will surpass the Neckline 0.9179/0.9177 after
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart GBPJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 203.60 may push
The M5 and M15 time frames may have more false entry points.
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