signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.7904 while the median line of the Neck is found at 0.7863/0.7887. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDCAD will go towards 0.7919
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Head and Shoulders
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- AUDCAD
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- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
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- GBPUSD
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- NZDUSD
- SILVER
- USDCAD
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According to the chart of M15, NZDUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5979/0.5998 whereas the upper border goes across 0.6017/0.5998
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on USDJPY M15. Characteristics: the upper boundary 143.31; the lower boundary 142.76; the width of the pattern is 58 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8927; the lower boundary 1.8878; the width of the pattern 49 points
The M5 and M15 time frames may have more false entry points.
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