signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 193.35/193.57 and upper border is 193.89/193.57. The pattern width is measured on the chart at -54 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 GBPJPY breaches the lower border, the price could continue its move toward 193.42.
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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- #AAPL
- #AMZN
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- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDJPY
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According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 105631.72 and 105322.26 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1384, support level -6448
The M5 and M15 time frames may have more false entry points.
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On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 105430.30; the lower boundary 105231.35; the width of the pattern 19895 points
The M5 and M15 time frames may have more false entry points.
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