signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.07/194.28 whereas the upper border goes across 194.49/194.28. 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 GBPJPY will breach the upper border to head for 194.43.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Triple top
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The Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 312.63
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #NTDOY M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
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The Bearish pennant pattern has formed on the #NTDOY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.00 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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