signal strength 2 of 5
According to the chart of M15, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 193.01/193.41 and upper border is 193.68/193.41. The pattern width is measured on the chart at -67 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPJPY breaches the lower border, the price could continue its move toward 193.18.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0804; the resistance level 2.0859; the width of the pattern 55 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, NZDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 87.01 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 95.53
The M5 and M15 time frames may have more false entry points.
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