signal strength 3 of 5
According to the chart of M30, EURNZD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.9252 and 1.9161 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 91 pips. Outlook: If the upper border 1.9252 is broken, the price is likely to continue its move by 1.9237.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Bottom pattern has been formed on NZDJPY M15; the upper boundary is 87.17; the lower boundary is 87.02. The width of the pattern is 14 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDCHF M5. It has the following characteristics: resistance level 0.5340/0.5335; support level 0.5331/0.5332; the width is 9 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD D1. Characteristics: the support level 1.8805; the resistance level 1.9150; the width of the pattern 345 points. If the resistance level
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