signal strength 3 of 5
The Double Bottom pattern has been formed on NZDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.5057 is broken. The further movements will rely on the width of the current pattern 16 points.
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According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.1297 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 M15, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5588/1.5641 whereas the upper border goes across 1.5694/1.5641
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5593/1.5640 whereas the upper border goes across 1.5695/1.5640
The M5 and M15 time frames may have more false entry points.
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