signal strength 2 of 5
According to the chart of M15, GBPJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 187.91/188.64 whereas the upper border goes across 189.17/188.64. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPJPY will breach the upper border to head for 188.87.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 85.14 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9396/0.9420 and upper border is 0.9447/0.9420. The pattern width is measured
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According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 85.14 is breached. Here
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
