signal strength 1 of 5
According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.4261 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -58 pips.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5659; the lower boundary 1.5641; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6019
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GOLD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3315.04
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