signal strength 3 of 5
The Double Bottom pattern has been formed on GBPJPY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 193.38 is broken. The further movements will rely on the width of the current pattern 67 points.
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- Flag
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- Pennant
- Rectangle
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- Triple top
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According to the chart of M5, EURUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1230 - 0.0000
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.1230, the lower border is 1.1212. The signal means
The M5 and M15 time frames may have more false entry points.
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The technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 86.03/86.05 after
The M5 and M15 time frames may have more false entry points.
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