signal strength 1 of 5
According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2.0619/2.0611 whereas the lower border goes across 2.0603/2.0611. The pattern width is measured on the chart at 16 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2.0611 is broken, the price could continue its move toward 2.0626.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 161.50/161.24
The M5 and M15 time frames may have more false entry points.
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On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 83.80; the lower boundary 82.60; the width of the pattern 120 points
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The GBPJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 189.39, the Neckline and the upward angle are at 188.41/188.34. The formation
The M5 and M15 time frames may have more false entry points.
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