signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3331/1.3322 whereas the lower border goes across 1.3314/1.3322. The pattern width is measured on the chart at 17 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.3322 is broken, the price could continue its move toward 1.3337.
The M5 and M15 time frames may have more false entry points.
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On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1412; the lower boundary 1.1373; the width of the pattern 39 points
The M5 and M15 time frames may have more false entry points.
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The Bullish Flag pattern which signals continuation of a trend has been formed on the chart EURGBP M5. Forecast: if the price breaks above the pattern high at 0.8461, then
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the EURGBP M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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