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The Triple Top pattern has formed on the chart of the GBPJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 16, support level -45, and pattern’s width 105. Forecast If the price breaks through the support level 188.74, it is likely to move further down to 189.64.
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant graphic pattern has formed on the #MA H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
Open chart in a new windowThe Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 84.55; the lower boundary 84.35; the width of the pattern is 21 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on GBPJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
Open chart in a new window