signal strength 3 of 5
According to the chart of M30, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8253, the lower border is 0.8221. The signal means that a short position should be opened after fixing a price below the lower border 0.8221 of the Bearish Rectangle.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #PEP
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
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The Double Top pattern has been formed on EURNZD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9045
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDUSD M5; the upper boundary is 0.6050; the lower boundary is 0.6039. The width of the pattern is 11 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the SILVER M5. 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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