The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDUSD M5: Bearish Symmetrical Triangle
Signal strength 1 of 5
NZDUSD M5: Bearish Symmetrical Triangle
According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.6039/0.6051 and upper border is 0.6061/0.6051. The pattern width is measured on the chart at -22 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDUSD breaches the lower border, the price could continue its move toward 0.6036.
*此处发布的市场分析旨在提高您的意识,但不提供交易指示