signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3206 and 1.3131 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 75 pips. Outlook: If the upper border 1.3206 is broken, the price is likely to continue its move by 1.3177.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3337.37 and support 3326.83
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 143.80 with the upper limit 143.80/143.76
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3326.83
The M5 and M15 time frames may have more false entry points.
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