Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.
2019-05-23 Double Top EURGBP H1
The Double Top reversal pattern has been formed on EURGBP H1. Characteristics: the upper boundary 0.8838; the lower boundary 0.8790; the width of the pattern is 46 points. Sell trades are better to be opened below the lower boundary 0.8790 with a possible movements towards the 0.8750 level.
2019-05-23 Double Bottom GBPAUD H1
The Double Bottom pattern has been formed on GBPAUD H1; the upper boundary is 1.8442; the lower boundary is 1.8337. The width of the pattern is 101 points. In case of a break of the upper boundary 1.8442, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
2019-05-23 Bullish symmetrical triangle EURNZD M5
According to the chart of M5, EURNZD formed the Bullish symmetrical triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.7148/1.7152 whereas the lower border goes across 1.7158/1.7152. The pattern width is measured on the chart at -10 pips. If the Bullish symmetrical triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.7152 is broken, the price could continue its move toward 1.
2019-05-23 Bullish Rectangle EURNZD M5
According to the chart of M5, EURNZD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.7157, the lower border is 1.7148. The signal means that a short position should be opened after fixing a price below the lower border 1.7148 of the Bullish Rectangle.
|Time||Country||Macroeconomic Indices||Period||Previous Reading||Forecast||Actual Reading||Importance|
|10:00||Ifo Business Climate Index||May||99.2||99.2||97.9|
|10:00||Ifo Current Assessment||May||103.4||103.5||100.6|
|10:00||IFO - Expectations||May||95.3||95.0||95.3|
|13:30||ECB Monetary Policy Meeting Accounts||Apr|
|16:00||New Home Sales||Apr||692K; 4.5%||678K; -3.8%|