signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8208, the lower border is 0.8197. The signal means that a short position should be opened after fixing a price below the lower border 0.8197 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDCAD M15. Characteristics: the support level 0.7892; the resistance level 0.7903; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3174; the lower boundary 1.3156; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5616
The M5 and M15 time frames may have more false entry points.
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