signal strength 3 of 5
The Double Bottom pattern has been formed on EURNZD 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 1.9443 is broken. The further movements will rely on the width of the current pattern 110 points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M15, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3359 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
The Bearish pennant pattern has formed on the #NTDOY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
Open chart in a new window
The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 19.58 is broken through. Recommendations: Place
Open chart in a new window
