signal strength 3 of 5
According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4838/0.4848 whereas the upper border goes across 0.4859/0.4848. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCHF will breach the upper border to head for 0.4878.
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- Rectangle
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- Triple top
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- AUDCAD
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According to the chart of M30, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8379
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According to the chart of M5, EURJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 164.66 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, AUDCAD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9036, the lower border is 0.9004. The signal means
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