signal strength 1 of 5
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. In case the resistance level 1.1500 - 1.1500 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5944/0.5958 whereas the upper border goes across 0.5969/0.5958
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5926 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 197.35
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