signal strength 2 of 5

According to the chart of M15, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 190.83/191.09 and upper border is 191.37/191.09. 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 190.87.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDCAD M30. Characteristics: the support level 1.3578; the resistance level 1.3600; the width of the pattern 22 points. If the resistance level
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3639/1.3656 whereas the upper border goes across 1.3674/1.3656
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, SILVER formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 36.31 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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