signal strength 2 of 5
The EURNZD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.9232, the Neckline and the upward angle are at 1.9162/1.9173. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of EURNZD will go towards 1.9151.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- AUDUSD
- EURCAD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6019 and 0.6012 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument AUDJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 97.13, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPAUD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 2.0412 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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