signal strength 2 of 5
According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 84.73 and 84.17 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 56 pips. Outlook: If the upper border 84.73 is broken, the price is likely to continue its move by 84.64.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on NZDUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5938
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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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On the chart of GBPUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3518; the lower boundary 1.3460; the width of the pattern 58 points
The M5 and M15 time frames may have more false entry points.
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