signal strength 1 of 5
According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.9072/1.9108 and upper border is 1.9137/1.9108. The pattern width is measured on the chart at -65 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 EURNZD breaches the lower border, the price could continue its move toward 1.9093.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M5; the upper boundary is 1.3817; the lower boundary is 1.3786. The width of the pattern is 30 points. In case
The M5 and M15 time frames may have more false entry points.
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1344; the lower boundary 1.1335; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, USDCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.3759 is likely to encourage a continuation
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