signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.54/194.66 whereas the upper border goes across 194.75/194.66. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPJPY will breach the upper border to head for 194.81.
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 NZDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4816
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the NZDJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8965/0.8970 whereas the upper border goes across 0.8977/0.8970
The M5 and M15 time frames may have more false entry points.
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