signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 161.95 and 161.75 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 20 pips. Outlook: If the upper border 161.95 is broken, the price is likely to continue its move by 162.01.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 86.32 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8086/0.8099 whereas the upper border goes across 0.8111/0.8099
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According to the chart of H1, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5837 is breached. Here
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