signal strength 1 of 5
According to the chart of M5, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 190.30 while the median line of the Neck is set at 190.62/190.61. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of GBPJPY will go towards 190.76.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8169 and 0.8157 are the coordinates
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on EURCAD M30. Characteristics: the upper boundary 1.5724; the lower boundary 1.5711; the width of the pattern is 12 points. Sell trades
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The Double Bottom pattern has been formed on EURJPY M5. 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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