signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 85.14 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -27 pips.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 88.60
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of GBPAUD H1. There are weighty reasons to suggest that the price will surpass the Neckline 2.0248/2.0245 after
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On the chart of AUDCHF H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5242; the lower boundary 0.5231; the width of the pattern 11 points
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