signal strength 1 of 5
The Bearish pennant pattern has formed on the GBPJPY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 188.31; the projection of the flagpole height is equal to 75 pips. In case the price breaks out the pattern’s bottom of 188.31, the downtrend is expected to continue for further level 188.16.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- EURCAD
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- EURUSD
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According to the chart of M5, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 93.60/93.49
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.9395 and 0.9359 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 85.75
The M5 and M15 time frames may have more false entry points.
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