signal strength 4 of 5
According to the chart of H1, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3615/1.3548 whereas the lower border goes across 1.3489/1.3548. The pattern width is measured on the chart at 126 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.3548 is broken, the price could continue its move toward 1.3588.
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The NZDUSD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.6081, the Neckline and the upward angle are at 0.6057/0.6057. The formation
The M5 and M15 time frames may have more false entry points.
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According to M5, AUDJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 94.20/94.21 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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The Triple Top pattern has formed on the chart of the EURJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern
The M5 and M15 time frames may have more false entry points.
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