signal strength 2 of 5
According to the chart of M15, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8222 - 0.0000 and support 0.8206 – 0.8206. In case the resistance level 0.8206 - 0.8206 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- AUDCAD
- AUDCHF
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- AUDUSD
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- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 277.36; the projection
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY M5. Forecast: if the price breaks above the pattern high at 21.79, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #NTDOY M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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