signal strength 3 of 5
According to the chart of M30, EURGBP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8574 - 0.0000 and support 0.8555 – 0.8555. In case the resistance level 0.8555 - 0.8555 is broken, the instrument is likely to follow the bearish trend.
See Also
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- Double Top
- Flag
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- Rectangle
- Triangle
- Triple top
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The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 163.21/163.11; support level 163.06/163.06; the width is 15 points. In the event
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 163.21; the lower boundary is 163.05. The width of the pattern is 15 points. In case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 3313.29/3306.86
The M5 and M15 time frames may have more false entry points.
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