was formed on 08.05 at 14:35:35 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
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 0.5909 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -27 pips.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
