The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDUSD M5: Bullish Symmetrical Triangle
Signal strength 1 of 5
NZDUSD M5: Bullish Symmetrical Triangle
According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.7185 and 0.7147 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 38 pips. Outlook: If the upper border 0.7185 is broken, the price is likely to continue its move by 0.7178.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade