signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3499/1.3508 and upper border is 1.3515/1.3508. The pattern width is measured on the chart at -16 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 GBPUSD breaches the lower border, the price could continue its move toward 1.3493.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8088 - 0.0000
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The Bullish Flag pattern has been formed on the chart AUDJPY M5 which signals that the upward trend will continue. Signals: а break of the peak at 94.73 may push
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 197.87 is breached. Here
The M5 and M15 time frames may have more false entry points.
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