signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0810, the lower border is 1.0791. The signal means that a long position should be opened above the upper border 1.0810 of the Bullish Rectangle.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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The Bearish Flag pattern has been formed on GBPCHF at M5. The lower boundary of the pattern is located at 1.1026/1.1032 while the upper boundary lies at 1.1030/1.1036. The projection
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.1026 is broken through. Recommendations: Place
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 166.25; the lower boundary is 166.10. The width of the pattern is 16 points. In case
The M5 and M15 time frames may have more false entry points.
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