signal strength 1 of 5
According to the chart of M5, #MCD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 290.81/289.55 whereas the lower border goes across 288.46/289.55. The pattern width is measured on the chart at 235 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 289.55 is broken, the price could continue its move toward 289.70.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8167; the resistance level 0.8174; the width of the pattern 7 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on NZDUSD at M5. The lower boundary of the pattern is located at 0.5922/0.5928 while the upper boundary lies at 0.5926/0.5932. The projection
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the NZDUSD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5922; the projection
The M5 and M15 time frames may have more false entry points.
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