signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.5723 while the median line of the Neck is found at 0.5705/0.5719. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDUSD will go towards 0.5738
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPUSD M15. Characteristics: the upper boundary 1.3288; the lower boundary 1.3256; the width of the pattern is 31 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURNZD M15. Characteristics: the upper boundary 1.9236; the lower boundary 1.9179; the width of the pattern is 62 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, GBPAUD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0927, the lower border is 2.0711. The signal means
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