signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8184/0.8177 whereas the lower border goes across 0.8172/0.8177. The pattern width is measured on the chart at 12 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8177 is broken, the price could continue its move toward 0.8192.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 195.89; the lower boundary 195.18; the width of the pattern 71 points
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According to the chart of M5, EURUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1500 and support 1.1491
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 145.78 and support 145.36
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