signal strength 3 of 5
The Triple Top pattern has formed on the chart of the NZDUSD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5805/0.5807 with the upper limit 0.5823/0.5828; the projection of the width is 18 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.5805, the price is most likely to continue the downward movement.
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- Double Top
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- AUDCAD
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- EURUSD
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According to the chart of M5, AUDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.6279 and 0.6267 are the coordinates
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8825/0.8830 whereas the upper border goes across 0.8835/0.8830
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9539
The M5 and M15 time frames may have more false entry points.
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