signal strength 4 of 5
On the chart of GBPJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.52; the lower boundary 192.79; the width of the pattern 73 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 192.39 level.
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On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8005; the lower boundary 0.7977; the width of the pattern 28 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, EURJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 167.88 is breached. Here
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According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 87.61/87.50
The M5 and M15 time frames may have more false entry points.
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