signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3023 and 1.2951 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 72 pips. Outlook: If the upper border 1.3023 is broken, the price is likely to continue its move by 1.2998.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 145.69/146.01 whereas the upper border goes across 146.29/146.01
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on USDCHF M15. Characteristics: the upper boundary 0.8346; the lower boundary 0.8332; the width of the pattern is 14 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCAD formed the Head and Shoulders pattern. The Head’s top is set at 1.3940 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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