signal strength 2 of 5
The GBPUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.2970, the Neckline and the upward angle are at 1.2954/1.2955. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GBPUSD will go towards 1.2932.
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the EURJPY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 160.40; the projection
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, AUDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5074/0.5182 and upper border is 0.5328/0.5182. The pattern width is measured
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The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.0911; the resistance level 1.0929; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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