signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3344 – 1.3344 and upper border 1.3357 – 1.3357. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
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- AUDCAD
- AUDCHF
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- EURCAD
- EURCHF
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- EURNZD
- EURRUB
- EURUSD
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- GBPUSD
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The Bullish pennant signal – Trading instrument #PEP M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 131.85, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant pattern is formed on the #PEP M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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