signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.75 and support 194.64. In case the resistance level 194.75 - 194.75 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 85.05; the lower boundary 84.83; the width of the pattern is 22 points. Sell trades
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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