signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 142.32 and 142.05 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 27 pips. Outlook: If the upper border 142.32 is broken, the price is likely to continue its move by 142.36.
The M5 and M15 time frames may have more false entry points.
See Also
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- Rectangle
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- Triple top
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The Double Top reversal pattern has been formed on GBPJPY H1. Characteristics: the upper boundary 207.31; the lower boundary 206.85; the width of the pattern is 48 points. Sell trades
Open chart in a new windowAccording to the chart of H1, NZDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
Open chart in a new windowAccording to the chart of M5, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3352/1.3335
The M5 and M15 time frames may have more false entry points.
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