signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 193.44, the lower border is 193.24. The signal means that a long position should be opened above the upper border 193.44 of the Bullish Rectangle.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
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- Pennant
- Rectangle
- Triangle
- Triple top
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The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 199.05
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPAUD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0901; the lower boundary 2.0851; the width of the pattern 50 points
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 AUDCAD D1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -6, support level -3
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