signal strength 3 of 5
According to the chart of M30, USDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8171 - 0.0000 and support 0.8155 – 0.8155. In case the resistance level 0.8155 - 0.8155 is broken, the instrument is likely to follow the bearish trend.
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The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0724
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3481
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.3481
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
