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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- Triple top
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On the chart of the SILVER 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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On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 85.80; the lower boundary 85.71; the width of the pattern 9 points
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.9062; the lower boundary is 1.8989. The width of the pattern is 73 points. In case
The M5 and M15 time frames may have more false entry points.
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