signal strength 1 of 5

The technical pattern called Head and Shoulders has appeared on the chart of EURNZD M5. There are weighty reasons to suggest that the price will surpass the Neckline 1.9891/1.9903 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.9888.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.6020 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1512; the lower boundary 1.1504; the width of the pattern 8 points
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 195.54; the resistance level 195.72; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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