signal strength 1 of 5
On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.97; the lower boundary 193.90; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 193.75 level.
The M5 and M15 time frames may have more false entry points.
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- Double Top
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- Triple top
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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
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the EURNZD M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5072/0.5079 whereas the upper border goes across 0.5089/0.5079
The M5 and M15 time frames may have more false entry points.
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