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.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- AUDCHF
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 466.76; the projection
The M5 and M15 time frames may have more false entry points.
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The USDCAD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.4295, the Neckline and the upward angle are at 1.4237/1.4245. The formation
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8450
The M5 and M15 time frames may have more false entry points.
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