signal strength 2 of 5
The Bearish pennant pattern has formed on the NZDUSD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5564; the projection of the flagpole height is equal to 40 pips. In case the price breaks out the pattern’s bottom of 0.5564, the downtrend is expected to continue for further level 0.5541.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has formed on the chart of NZDCAD M15. Features of the pattern: The lower line of the pattern has coordinates 0.8256 with the upper limit 0.8256/0.8240
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 Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5974/0.5950
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5974 and 0.5932 are the coordinates
The M5 and M15 time frames may have more false entry points.
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