signal strength 1 of 5
According to the chart of M5, GBPCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.0906 – 1.0906 and upper border 1.0920 – 1.0920. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 193.20, the lower border is 192.99. The signal means
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, EURCAD formed the Head and Shoulders pattern. The Head’s top is set at 1.5714 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3366
The M5 and M15 time frames may have more false entry points.
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