signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 87.61 and 87.42 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 19 pips. Outlook: If the upper border 87.61 is broken, the price is likely to continue its move by 87.66.
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPCHF H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0763; the lower boundary 1.0727; the width of the pattern 36 points
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According to the chart of H1, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 198.43 - 0.00
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The Double Top reversal pattern has been formed on GBPCHF M30. Characteristics: the upper boundary 1.0764; the lower boundary 1.0747; the width of the pattern is 16 points. Sell trades
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