signal strength 2 of 5

According to the chart of M15, USDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.4267 and 1.4204 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 63 pips. Outlook: If the upper border 1.4267 is broken, the price is likely to continue its move by 1.4259.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5636/1.5647 whereas the upper border goes across 1.5658/1.5647
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 92.97/93.25 whereas the upper border goes across 93.46/93.25
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 86.15
The M5 and M15 time frames may have more false entry points.
Open chart in a new window