signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3308/1.3340 and upper border is 1.3362/1.3340. The pattern width is measured on the chart at -54 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPUSD breaches the lower border, the price could continue its move toward 1.3325.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 130.71
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 130.71
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
On the chart of the NZDCAD H1 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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