signal strength 1 of 5
According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8332/0.8337 and upper border is 0.8342/0.8337. The pattern width is measured on the chart at -10 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURGBP breaches the lower border, the price could continue its move toward 0.8322.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPJPY H1. Characteristics: the upper boundary 189.53; the lower boundary 188.62; the width of the pattern is 94 points. Sell trades
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According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 84.16/84.34 and upper border is 84.51/84.34. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5900, the lower border is 0.5884. The signal means
The M5 and M15 time frames may have more false entry points.
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