signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 84.54 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -48 pips.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9363
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8536 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 85.15; the lower boundary 84.80; the width of the pattern is 33 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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