signal strength 2 of 5
According to the chart of M15, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8741 and support 0.8709. In case the resistance level 0.8741 - 0.8741 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
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- #NTDOY
- #PEP
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- 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
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- Buy
- Sale
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According to the chart of M30, NZDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8269 while the median line of the Neck is found
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The Double Top pattern has been formed on EURNZD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9087
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The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5773; the resistance level 1.5789; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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