signal strength 1 of 5
According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.5696 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -141 pips.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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The Triple Top pattern has formed on the chart of the NZDUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart GBPUSD M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPUSD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.3516 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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