signal strength 1 of 5

According to the chart of M5, GBPJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 193.35/193.57 and upper border is 193.89/193.57. The pattern width is measured on the chart at -54 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 GBPJPY breaches the lower border, the price could continue its move toward 193.42.
The M5 and M15 time frames may have more false entry points.
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On the chart of the GBPJPY M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the NZDCHF M15 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.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the NZDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
Open chart in a new window