signal strength 1 of 5
According to the chart of M5, EURGBP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8510 and 0.8492 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 18 pips. Outlook: If the upper border 0.8510 is broken, the price is likely to continue its move by 0.8517.
The M5 and M15 time frames may have more false entry points.
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- Rectangle
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- Triple top
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According to the chart of M5, USDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on USDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3715
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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