signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 193.56 – 193.56 and upper border 193.72 – 193.72. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- Triple top
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The Triple Top pattern has formed on the chart of the EURJPY H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern
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The Bullish pennant pattern is formed on the #MSFT M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of EURCHF M5. There are weighty reasons to suggest that the price will surpass the Neckline 0.9325/0.9326 after
The M5 and M15 time frames may have more false entry points.
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