signal strength 2 of 5
According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 85.78/85.88 and upper border is 85.99/85.88. The pattern width is measured on the chart at -21 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 85.65.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
- D1
- All
- Buy
- Sale
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- 5
According to the chart of M5, #KO produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 71.31 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, #MA formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 543.69 and 523.21 are the coordinates
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The Double Bottom pattern has been formed on NZDJPY M5. Characteristics: the support level 84.75; the resistance level 84.92; the width of the pattern 17 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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