signal strength 3 of 5
According to the chart of M30, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8273, the lower border is 0.8245. The signal means that a short position should be opened after fixing a price below the lower border 0.8245 of the Bearish Rectangle.
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The Double Top pattern has been formed on EURCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5720
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According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.5921 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9334/0.9344 whereas the upper border goes across 0.9351/0.9344
The M5 and M15 time frames may have more false entry points.
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