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According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 188.44, the lower border is 188.18. The signal means that a long position should be opened above the upper border 188.44 of the Bullish Rectangle.
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #MSFT M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1242; the resistance level 1.1253; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bearish pennant pattern has formed on the #AAPL M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 204.23; the projection
The M5 and M15 time frames may have more false entry points.
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