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.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
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- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCAD
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- USDJPY
- USDRUB
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The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0815; the resistance level 2.0853; the width of the pattern 38 points. If the resistance level
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 NZDCHF M5. Characteristics: the upper boundary 0.4869; the lower boundary 0.4861; the width of the pattern is 7 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart SILVER M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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