signal strength 1 of 5
According to the chart of M5, GBPUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.2922/1.2931 and upper border is 1.2939/1.2931. The pattern width is measured on the chart at -17 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPUSD breaches the lower border, the price could continue its move toward 1.2916.
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURCHF M15; the upper boundary is 0.9549; the lower boundary is 0.9528. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the #MCD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
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 GBPAUD M5. Characteristics: the upper boundary 2.0581; the lower boundary 2.0533; the width of the pattern is 49 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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