signal strength 2 of 5
According to the chart of M15, EURUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0781/1.0799 and upper border is 1.0818/1.0799. The pattern width is measured on the chart at -37 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 EURUSD breaches the lower border, the price could continue its move toward 1.0776.
The M5 and M15 time frames may have more false entry points.
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According to the chart of H1, EURGBP formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8370, the lower border is 0.8348. The signal means
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The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0824
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on EURJPY M5. Characteristics: the support level 161.93; the resistance level 162.21; the width of the pattern 28 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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