signal strength 2 of 5

According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 85.78/85.88 and upper border is 85.99/85.88. The pattern width is measured on the chart at -21 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 85.65.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0924
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on AUDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 88.09
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 EURUSD M15; the upper boundary is 1.0967; the lower boundary is 1.0927. The width of the pattern is 43 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window