signal strength 1 of 5

According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.07/84.81 whereas the lower border goes across 84.47/84.81. The pattern width is measured on the chart at 60 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 84.81 is broken, the price could continue its move toward 84.96.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5636/1.5647 whereas the upper border goes across 1.5658/1.5647
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 92.97/93.25 whereas the upper border goes across 93.46/93.25
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 86.15
The M5 and M15 time frames may have more false entry points.
Open chart in a new window