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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According to the chart of H1, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
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The Bullish pennant signal – Trading instrument EURJPY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 162.49, with the prospect
The M5 and M15 time frames may have more false entry points.
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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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