signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 162.14/161.98 whereas the lower border goes across 161.82/161.98. The pattern width is measured on the chart at 32 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 161.98 is broken, the price could continue its move toward 162.13.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 143.55
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According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 190.88/191.11 whereas the upper border goes across 191.31/191.11
The M5 and M15 time frames may have more false entry points.
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On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0943; the lower boundary 1.0930; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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