signal strength 1 of 5

According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 195.30/195.10 whereas the lower border goes across 194.94/195.10. The pattern width is measured on the chart at 36 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 195.10 is broken, the price could continue its move toward 195.25.
The M5 and M15 time frames may have more false entry points.
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- Triple top
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 198.91
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on NZDCAD M5. It has the following characteristics: resistance level 0.8207/0.8205; support level 0.8197/0.8197; the width is 10 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5977/0.5975; support level 0.5963/0.5966; the width is 14 points. In the event
The M5 and M15 time frames may have more false entry points.
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