signal strength 1 of 5

According to the chart of M5, EURNZD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.8850/1.8834 whereas the lower border goes across 1.8816/1.8834. The pattern width is measured on the chart at 34 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.8834 is broken, the price could continue its move toward 1.8849.
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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- EURJPY
- EURNZD
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The Double Top reversal pattern has been formed on GBPJPY M5. Characteristics: the upper boundary 193.36; the lower boundary 193.15; the width of the pattern is 19 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on SILVER M5; the upper boundary is 32.48; the lower boundary is 32.37. The width of the pattern is 115 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of the #MSFT M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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