signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 161.76 – 161.76 and upper border 161.97 – 161.97. 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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- Rectangle
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- Triple top
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The Bearish Flag pattern has been formed on the chart GBPUSD M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the GBPUSD M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.3516 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, AUDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6499 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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