signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6027 - 0.0000 and support 0.6011 – 0.6011. In case the resistance level 0.6011 - 0.6011 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 198.68 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the NZDUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5860 while the median line of the Neck is found
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