signal strength 2 of 5
The Bearish pennant pattern has formed on the NZDCAD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.8163 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4645 is likely to encourage a continuation
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 Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5867 is breached. Here
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. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5883 - 0.0000
The M5 and M15 time frames may have more false entry points.
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