signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 195.10; the lower boundary is 194.74. The width of the pattern is 35 points. In case of a break of the upper boundary 195.10, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.
See Also
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- Triple top
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The Bullish Flag pattern has been formed on the chart GBPJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 203.60 may push
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish pennant pattern is formed on the GBPJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3169/1.3154
The M5 and M15 time frames may have more false entry points.
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