signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8227/0.8235 whereas the upper border goes across 0.8246/0.8235. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCAD will breach the upper border to head for 0.8250.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The GBPJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 199.21, the Neckline and the upward angle are at 198.91/198.95. The formation
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern has been formed on the chart AUDJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 94.92 may push
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument GBPCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.0852, with the prospect
The M5 and M15 time frames may have more false entry points.
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