signal strength 1 of 5

According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 86.58/86.43 whereas the lower border goes across 86.22/86.43. The pattern width is measured on the chart at 36 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 86.43 is broken, the price could continue its move toward 86.58.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
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- GBPAUD
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- GBPJPY
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The Double Top reversal pattern has been formed on #Bitcoin M5. Characteristics: the upper boundary 82648.20; the lower boundary 81609.29; the width of the pattern is 103086 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #Bitcoin M30. Characteristics: the support level 83552.05; the resistance level 84588.82; the width of the pattern 103677 points. If the resistance level
Open chart in a new windowThe Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 83619.16; the resistance level 83858.95; the width of the pattern 23979 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window