signal strength 1 of 5
According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8332/0.8337 and upper border is 0.8342/0.8337. The pattern width is measured on the chart at -10 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 EURGBP breaches the lower border, the price could continue its move toward 0.8322.
The M5 and M15 time frames may have more false entry points.
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The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 82.61
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 SILVER M15. Characteristics: the upper boundary 31.44; the lower boundary 31.23; the width of the pattern is 225 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on USDJPY M5. Characteristics: the support level 142.08; the resistance level 142.71; the width of the pattern 63 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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