signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5728 – 0.5728 and upper border 0.5742 – 0.5742. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Bullish pennant pattern is formed on the #INTC M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6385; the resistance level 0.6397; the width of the pattern 12 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M5; the upper boundary is 0.9371; the lower boundary is 0.9356. The width of the pattern is 15 points. In case
The M5 and M15 time frames may have more false entry points.
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