signal strength 1 of 5
The GBPJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 189.39, the Neckline and the upward angle are at 188.41/188.34. 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 GBPJPY will go towards 188.19.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
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The Bearish pennant pattern has formed on the #PEP H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 127.29; the projection
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The Bearish Flag pattern has been formed on the chart #PEP H1 which signals that the downward trend will continue. If the price breaks below the low at 127.29, then
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The Bearish pennant pattern has formed on the #PEP H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 127.29; the projection
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