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.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of the AUDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on #Bitcoin M5. It has the following characteristics: resistance level 107451.30/107407.78; support level 107100.45/107133.63; the width is 35085 points. In the event
The M5 and M15 time frames may have more false entry points.
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On the chart of the #TSLA M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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