signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5886 and support 0.5863. In case the resistance level 0.5886 - 0.5886 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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- Double Top
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On the chart of #GOOG M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 177.32; the lower boundary 176.14; the width of the pattern 118 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 36.52
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #GOOG M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 177.66, with the prospect
The M5 and M15 time frames may have more false entry points.
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