signal strength 2 of 5
According to the chart of M15, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 191.94 - 0.00 and support 191.12 – 191.12. In case the resistance level 191.12 - 191.12 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 90.93; the lower boundary 90.75; the width of the pattern 18 points
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9363
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.8536 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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