signal strength 1 of 5
On the chart of the GBPJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 192.89, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 27 points.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6559
The M5 and M15 time frames may have more false entry points.
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On the chart of EURGBP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8725; the lower boundary 0.8715; the width of the pattern 10 points
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6565; the lower boundary is 0.6559. The width of the pattern is 6 points. In case
The M5 and M15 time frames may have more false entry points.
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