signal strength 1 of 5

According to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3023 and 1.2951 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 72 pips. Outlook: If the upper border 1.3023 is broken, the price is likely to continue its move by 1.2998.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 161.33
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe GBPUSD H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.3422, the Neckline and the upward angle are at 1.3361/1.3354. The formation
Open chart in a new windowOn the chart of #INTC M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 19.72; the lower boundary 19.41; the width of the pattern 31 points
The M5 and M15 time frames may have more false entry points.
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