was formed on 21.05 at 04:39:41 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
According to the chart of M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 85.29/85.49 and upper border is 85.73/85.49. The pattern width is measured on the chart at -44 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 NZDJPY breaches the lower border, the price could continue its move toward 85.19.
Figure
Instrument
Timeframe
Trend
Signal Strength
