signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 193.35/193.57 and upper border is 193.89/193.57. The pattern width is measured on the chart at -54 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 193.42.
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of AUDUSD M30. Features of the pattern: The lower line of the pattern has coordinates 0.6373 with the upper limit 0.6373/0.6370
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The Double Bottom pattern has been formed on NZDCAD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Triple Bottom pattern has been formed on AUDUSD M15. It has the following characteristics: resistance level 0.6373/0.6370; support level 0.6353/0.6345; the width is 20 points. In the event
The M5 and M15 time frames may have more false entry points.
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