signal strength 2 of 5
According to the chart of M15, NZDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.4890/0.4907 and upper border is 0.4926/0.4907. The pattern width is measured on the chart at -36 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 NZDCHF breaches the lower border, the price could continue its move toward 0.4884.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- EURNZD
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.8893
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, #INTC formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 20.91, the lower border is 20.74. The signal means
The M5 and M15 time frames may have more false entry points.
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On the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 20.91; the lower boundary 20.76; the width of the pattern 15 points
The M5 and M15 time frames may have more false entry points.
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