signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 194.07 and 193.64 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 43 pips. Outlook: If the upper border 194.07 is broken, the price is likely to continue its move by 194.03.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6399
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPUSD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3332; the lower boundary 1.3315; the width of the pattern 17 points
The M5 and M15 time frames may have more false entry points.
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On the chart of EURNZD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9079; the lower boundary 1.9023; the width of the pattern 56 points
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