signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 197.94/198.41 whereas the upper border goes across 198.77/198.41. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPJPY will breach the upper border to head for 198.56.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3530, the lower border is 1.3523. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0839, the lower border is 1.0834. The signal means
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 AUDJPY M15. Characteristics: the upper boundary 96.60; the lower boundary 96.49; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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