signal strength 1 of 5

According to the chart of M5, EURGBP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8511/0.8523 whereas the upper border goes across 0.8538/0.8523. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURGBP will breach the upper border to head for 0.8538.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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- Double Top
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The Double Top reversal pattern has been formed on GBPAUD M5. Characteristics: the upper boundary 2.0724; the lower boundary 2.0710; the width of the pattern is 13 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY D1. Forecast: if the price breaks above the pattern high at 24.49, then
Open chart in a new windowThe Bullish pennant signal – Trading instrument #NTDOY D1, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 24.49, with the prospect
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