signal strength 4 of 5
According to the chart of H1, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 193.44 – 193.44 and upper border 194.97 – 194.97. In case the upper border is broken, the instrument is likely to follow the upward trend.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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According 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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The Double Top pattern has been formed on NZDCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8043
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.9229; the lower boundary 0.9225; the width of the pattern is 4 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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